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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: ~digs who wrote (3397)	2/12/1999 5:27:00 PM
From: Rande Is	Read Replies (1) \| Respond to of 57584

ALL: Short any IPOs lately? Hey, you can't short IPOs. Right? ? . .WRONG. . You can short-sell ANYTHING that your broker will allow. Regardless of U.S. Securities Regs and suspensions that violators may face. . .certain brokers simply 'look the other way' when it comes to allowing their very best customers to short-sell. And that includes the IPOs on their FIRST DAY OF ISSUE. And no broker in America will allow it. . .then short-sellers just go outside America. In Canada, anyone can short-sell any OTC- BB stock whenever they wish. No wonder so many from Vancouver spend their winters in Boca. It is like shooting fish in a barrel. I would think that as more and more individuals choose to focus on short strategies, that there will be more and more short-selling of IPOs. So again, before getting into any stock, including IPOs, in a major way. . . do full-text searches on SI to see who may be playing the other way. . . [VERT, PRGY, HLTH this week] . . .and keep one eye open. Not really trying to spoil everyone's day with all this. . .it just comes out as I hear comments on CNBC or elsewhere. Rande Is