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Non-Tech
Shorting with Offshore Accounts
An SI Board Since February 1999
Posts SubjectMarks Bans
127 42 0
Emcee:  peter michaelson Type:  Unmoderated
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52 Daniel: Shorting is very profitable for the broker because of the interest. Ipeter michaelson-2/17/1999
51 I get interest on my short positions at various brokers. Rob RobbRacer-2/17/1999
50 <i><<...have never been charged interest for borrowing stock.>&Anaxagoras-2/17/1999
49 <i>You should not be charged interest for borrowing stock. I do not pay Daniel Chisholm-2/17/1999
48 You should not be charged interest for borrowing stock. I do not pay any interRajiv-2/17/1999
47 exactly Bear Down-2/17/1999
46 <i>They are not allowed to charge interest on non-listed borrowed securitDaniel Chisholm-2/17/1999
45 Another myth, I can short anything over $3 Bear Down-2/16/1999
44 How about stocks under $5? If that's the case, they can't charge interLucky888-2/16/1999
43 Most discount brokers don't allow you to short BB's for one reason, Bear Down-2/16/1999
42 While I can't explain what happened in your case, I do need to point out thMark L.-2/16/1999
41 My e-broker accidentally placed my sell order twice, such that the second oLarry Levine-2/16/1999
40 <i>I believe you are talking about Trusts that have the Trustee/Trustor rMark L.-2/15/1999
39 Please send me some info on opening offshore accounts/company It is very interLucky888-2/15/1999
38 How do you know, when you're in OVER YOUR HEAD.... Impristine-2/10/1999
37 Can you get in DEEP WATER, doing this....Impristine-2/10/1999
36 do these dudes, control the FLOAT... Impristine-2/10/1999
35 Thank you for your feedback. Panamanian Corporations are useful for the followPhilip S. LaMar Jr., J.D.-2/10/1999
34 If the clients are good shorts, the brokerage firm will go out of business as Rajiv-2/9/1999
33 Thank you for the good information, Philip. I have bookmarked your new thread,peter michaelson-2/9/1999
32 Rajiv: My hypothesis on your 'clearing' question is that the brokers wpeter michaelson-2/9/1999
31 Thanks for posting, John. I have tried to open accounts with two Canadian brokepeter michaelson-2/9/1999
30 John: Thanks for posting here. I am sure you have practical knowledge of thatpeter michaelson-2/9/1999
29 Capital gains realized by a U.S. citizen are taxable. Capital gains earned by Philip S. LaMar Jr., J.D.-2/9/1999
28 In answer to your question: United States citizens are taxed on gross income, wPhilip S. LaMar Jr., J.D.-2/9/1999
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