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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: xcr600 who wrote (4591)	11/12/1998 5:37:00 PM
From: umbro	Respond to of 18998

Share are usually shortable, but not marginable. I think that is where the misconception comes from. I didn't know that shares can be shorted in a cash account. How is that done? If there is no margin, how does one cover the case where the stock price moves up? Is that offset by the amount of cash on hand? Where do the proceeds go from the short sale? I was under the impression that many stocks could be shorted post IPO, and it was the policy of a few brokers to implement the 30-day rule.