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Technology Stocks : Hyperfeed Technologies, Inc. (HYPR) -- Ignore unavailable to you. Want to Upgrade?


To: sonicburger who wrote (1511)3/22/1999 5:02:00 PM
From: RADAR )))  Read Replies (1) | Respond to of 2231
 
sonicburger:

You can't change your account agreement with your broker (at least I can't with Charles Schwab). When you buy you shares through your broker and agree to leave them in a street name, then the brokerage can borrow them for other's short sales. If you ask your broker to list the stock in your name and send you the certificates, then the stock can not be borrowed by the brokerages for short sales. You will run across a thread or two where the investors talk about having their shares delivered to them. The reason that occurs, is if there is a small float and a lot of shorters in the stock, the investors who think the price is about to rise will ask for their shares to be sent to them, thereby further reducing the float by the number of shares taken out of the street name. Less shares, lower float, price moves up quickly and the shorters have to cover with less shares available. The price will move even quicker, thereby benefiting the longs who called in their shares... i.e. the "short squeeze" on a full court press.

RADAR

RADAR