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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Michael who wrote (3037)9/25/1998 9:10:00 AM
From: Shtirlitz  Read Replies (1) | Respond to of 4634
 
When I was choosing my online broker I didn't take Datek for only one reason: their service agreement sucks bad. Basically they can do whatever they want.



To: Michael who wrote (3037)9/25/1998 12:21:00 PM
From: Peter V  Read Replies (1) | Respond to of 4634
 
I called Datek and their explanation was that the ALTIF shares were borrowed from another brokerage and they want their shares back. The buy-in is on a "first-come, first-serve" basis, meaning that those who shorted ALTIF first are the first to have to buy the shares back. I guess seniority does not count for much at Datek.


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