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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: accountclosed who wrote (35786)11/11/1998 11:13:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
AR, there is a time requirement for an issue to be listed on an options exchange. Ticks me off, too. It means I can't play my favorite strategy on these trading sardines, and they are usually down by the time options are listed.

The main restriction on short sales is the issuance of shares so there is something to borrow.

Obviously, the absence of options and restrictions on shorts help these stocks to get to silly valuation levels.

MB