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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?

To: RocketMan who wrote (22944)	8/23/1998 9:24:00 AM
From: The Street	Read Replies (2) \| Respond to of 50264

I really doubt my broker is misinformed. The guy runs a small cap fund with 40% 12 month trailing earnings, was a Senior VP with Smith Barney, and is now managing close to a billion dollars. MBA and has been in the biz for 20 years. I am going to try and find the answers-- I do know that it is a brokerage decision and not the SEC when a PARTICULAR stock is marginable or not. But there could be an SEC rule/law stating UNDER WHAT CIRCUMSTANCES a stock is marginable. I will try to find out-- why? I am going to be honest here-- I am going to try and short BB's after runs. They ALMOST ALWAYS tank after the 3 day run. Shorting-- there is NOTHING unethical about it-- it is a market function just like going long is. IF you can successfully short a stock it means the market sees more negative than positive and that the price is overvalued. If the short does not work it means I was wrong about what the market sees. I am in this to make money. Period. I pledge no allegiance to any stock. I am a business person and will make money as long as it is not illegal or morally offensive to me.