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Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?

To: doug who wrote (3568)	3/26/1999 12:51:00 PM
From: AriKirA	Respond to of 8117

Doug, Technically, you are correct! There is no such thing as an actual "illegal" short position. I use said term to describe the following: Brokerage houses can have a huge short position on a stock and as long as their clients own twice the shares they short they do not have to declare their position. Since, the house's position is covered by shares owned by its clients, it is not obliged to 'list' or to 'report' its position. I hope I didn't induce anyone in error. I guess everyone uses a different terminology. Thanks for being on the ball. :o) Kind Regards AK