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Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?

To: Hans who wrote (17621)1/2/1999 3:03:00 PM
From: Susan Saline  Read Replies (1) | Respond to of 18263
 
consider they did you a favor.

any stock is shortable, just depends upon the broker... and the trouble they will go to, for you.



To: Hans who wrote (17621)1/2/1999 6:48:00 PM
From: Mama Bear  Respond to of 18263
 
"I thought only market makers could open a short position below 5. Is there a loophole?"

Buy a long position equal to a short position, i. e. box your short. That's what I did. Of course I had to open the initial short over 5.

Barb




To: Hans who wrote (17621)1/2/1999 7:33:00 PM
From: NYBellBoy  Read Replies (1) | Respond to of 18263
 
Hans - The rules for each brokerage firm vary. A full service broker will work harder for you if you trade with them frequently. They have to see if they have the stock in-house and if the manager will let you have it.

Some brokerage firms will initiate a short position down to 4.

:)

BellBoy


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