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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Barronio who wrote (37833)6/6/1999 3:08:00 AM
From: eims2000  Read Replies (1) | Respond to of 122087
 
Barrino, I didn't know you were on duty, can I go to sleep now?:)

rhansen



To: Barronio who wrote (37833)6/6/1999 8:59:00 AM
From: Colin Cody  Read Replies (2) | Respond to of 122087
 
Barronio, you ask, demand a selection from a limited choice of asnswers and then you answer it yourself, why ask to start with?

As I said BASICALLY IPOs CAN NOT ***CAN NOT *** be shorted during the first 30 days. Look up the words if you do not comprehend them.

The reason is clear. Generally most all of the IPO shares on day one are placed in type 1 accounts, and few if any are immediately hypothicated by their owners.

Secondly for the first 30 days thereafter most all of those shares resold/traded are purchased again in non-marginable type 1 accounts, and fewer still are hypothicated.

Once the 30 days has past there is a radical change. A majority of the shares of a NASDAQ NMS stock are purchased in type 2, margin accounts and nearly everyone of these has a hypothicaion clause that was signed when the account was opened.

Now if you still don't understand, and if you have any interest in being a knowledgable investor, you can check with the compliance dept of your broker and ask for a brief explanation of hypothication and the availability of borrowed shares to legally short with.

Colin



To: Barronio who wrote (37833)6/7/1999 7:31:00 AM
From: tonto  Respond to of 122087
 
Barronio, your response to Colin Cody is correct. Yes, they may be shorted prior to 30 days.

Can a retail US investor short an IPO before 30 days have passed?

It's simple, either he can, or he can't. Forget basically, generally, always, rarely, or any other qualification. You are simply obfuscating the question.

I know the answer, do you? Everything you have said so far indicates you don't.

The answer is: yes, he can.