SI
SI
discoversearch

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.
Microcap & Penny Stocks : Kaire Holdings - $0.50 stock- $3 to $4 Book Value -- Ignore unavailable to you. Want to Upgrade?


To: FARcom who wrote (1135)12/18/1998 3:49:00 PM
From: J. Nelson  Read Replies (1) | Respond to of 1640
 
FP. If I read that it's that one can yet

the cash account pre the short must be 100% of the issue and over .50 cents
a share if it's under .50 cents. Is that in terms of Canada or U.S. Cash?

Also would it be safe to say that should one short say 100,000 @ .05 = $5,000.00
us that one would have to have $5,000 in the account + the .50cents a share at
100,000 shares or $55,000.00 total in cash?

Last quick one, if I hold the stock and short the box, on my 100,000
sares how much would I have to have in Cash? I think nothing and the
.05 cents would come to me in the form of $5,000.00 cash until I surender
the stock from the box or buy back at a lower price and replace the issue.

Ever hear of that beeing done?

Thanks in advance! And Have a Very Merry Christmas!
Jim..