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Re: jerseyboy73 post# 23797

Friday, 03/10/2006 7:04:37 AM

Friday, March 10, 2006 7:04:37 AM

Post# of 92056
for IRA's the following does not apply
".If you put a sell limit order on your HISC shrs your broker can not use them to short...if you do this make sure it's a GTC order..JUST MAKE SURE YOU DO IT AT A HIGH LEVEL..(i.e .40 to .60)...they can not borrow stock that has a sell limit against it."

IRA's are considered a cash account - no shares in them can be shorted - and limits are not necessary.

therefore if the price spikes - you do not get an early sale