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Microcap & Penny Stocks : AMEN Looks Pretty Good -- Ignore unavailable to you. Want to Upgrade?


To: Pete Mason who wrote (396)12/21/1998 10:30:00 AM
From: IngotWeTrust  Read Replies (1) | Respond to of 627
 
Wld U mind explaining 2 thread how u LEGALLY short a NON-Marginable stock? This ought 2B good!

FWIW: as recently as this AM...AMEN was not on the Fed Reserve's List of Marginable stocks, which IS a requirement for shorting you know...



To: Pete Mason who wrote (396)12/21/1998 11:13:00 AM
From: Jan A. Van Hummel  Read Replies (1) | Respond to of 627
 
I never wish anyone misfortune. You surely will have your sound reasons
for considering this a good short, and you may well be correct. It comes down
to a matter of timing.

I learned early on that peeing into the wind only gets me wet.

IMO there will be some excellent opportunities the next two weeks for
you to average up your short. But careful, the float is so small and with
the "internet" hysteria, there can be some extreme breakouts as this
stock already experienced once.

Good luck.