Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: SJS who wrote (4232)	10/14/1998 9:34:00 PM
From: drsvelte	Read Replies (1) \| Respond to of 14427

If I sell it while it's borrowed, they just "call it back", right? Maybe, but I've only seen this happen in rare occasions -- when the stock has a small float and is heavily shorted. There was some discussion of this on Roger Babb's thread about a month ago. This is the prototype "short squeeze."

To: SJS who wrote (4232)	10/14/1998 9:35:00 PM
From: Slava Chechik	Respond to of 14427

Yes, if you do CC you have to have a margin account. CC is could be done only from option account. Well, if you have a long position in stock short sellers are betting against you. I do not believe it makes any difference on any stock with significant volume, on thin volume stocks it could. Your shares will be available for sale immediately from cash and margin accounts. About interest on daytrade shorts. You do not collect any interest because you are having no position at the close. By the same token you are not charged any margin interest on your daytrades. Regards, Slava Chechik