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Strategies & Market Trends : STEAMROLLER'S DAYTRADES -- Ignore unavailable to you. Want to Upgrade?


To: J. Ramsey who wrote (1234)10/12/1998 6:07:00 PM
From: LiveWire  Read Replies (1) | Respond to of 1561
 
I'm curious...who can short a stock under $5? I assume the MMs can. Also, if you have shorted a stock above $5 and it drops below $5, will you be forced to cover with retail brokers?

Thanks,
Steven



To: J. Ramsey who wrote (1234)10/13/1998 12:47:00 PM
From: pavlov 1  Respond to of 1561
 
You were on the money,Jim. I sold today at 2 29/32. I couldn't stand it anymore...I was long 20,000 shares at the quarter...couldn't ignore the profit.