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To: Amir Feinsilber who wrote (1048)8/21/1998 6:21:00 PM
From: Brian K. Harris  Read Replies (1) | Respond to of 5908
 
Shorting? In what country can you short this stock? Did someone tell you the stock was being shorted?

Curious to know

Brian K. Harris
UNICOR



To: Amir Feinsilber who wrote (1048)8/21/1998 6:29:00 PM
From: BigTex  Read Replies (1) | Respond to of 5908
 
The first two questions you are correct.Now the last part as long as
the price staYS UNDER what you sold short at you can hold as long as you want.
On the other hand if the price goes up over the price you sold short at.
And you dont have enough funds in your account to cover the difference.
You will receive a margin call,at which time you must deposit funds in
your account to cover the difference.Then if the price continues to go
up you will get another one.If you do not deposit the funds in the account
within the allotted time,the broker will liquidate your position and
more than likely close your account and get a judgement for any and all
monies owed them.Hope this helps.