Forum Archive Index - July 2002

["John Wedde" <John.Wedde@weltec.ac.nz>]

Kiwi,
I know the logistics of shorting but, as a fundamentalist, I'm not sure
of what you mean by an "uptick". Could you clarify?
cheers,
John

>>> Kiwi@Pitstock.com Thursday, 11 July 2002 12:12:30 a.m. >>>
RE: [sharechat] Shorting StocksI have been able to short any US stock I
have chosen. There are only 3 main rules to shorting. Rule 1 is you must
short on an "uptick". Rule 2 the stock should be above five dollars
(generally for margin reasons). Rule 3 shares must be avaliable for
shorting. When my online broker has come back to me and said the shares
wernt avaliable I would keep resubmitting the order. This worked well
and I got the shorts I wanted. As for ASX shorts I have no idea.

Kiwi

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