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To: DavidD who wrote (4586)11/12/1998 2:17:00 PM
From: Rajiv  Respond to of 18998
 
If my memory serves me right, it's not legal to short a stock until it has traded for 30 days.

This is a popular misconception among investors. I have shorted stocks in the 30 day period before (not EBAY but other stocks). It is legal but the rules vary from broker to broker.

Regards.
Rajiv



To: DavidD who wrote (4586)11/12/1998 4:51:00 PM
From: xcr600  Read Replies (1) | Respond to of 18998
 
<< f my memory serves me right, it's not legal to short a stock until it has traded for 30 days. If Ebay hasn't been trading for that long, then someone is pulling your leg. >>

Share are usually shortable, but not marginable. I think that is where the misconception comes from.