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Re: jameson1 post# 17334

Saturday, 07/05/2014 7:59:29 AM

Saturday, July 05, 2014 7:59:29 AM

Post# of 34668
depends on who you trade with.

personally i trade with a world renown bank because of the security involved.

also, they ALWAYS pick up the phone and the customer service reps are excellent.

i had a long talk with a rep yesterday about shorting.

each institution has their own rules.

in this particular case, they will not short anything below $3.00


however,

if you were to purchase a stock, say at a high price (say after a R/S)

and shares were available, there is no reason that you could only hold for a 100% gain on a short.

it would make no sense, seeing that you can hold for 100%+ on a stock that goes up.

just need to choose your stocks wisely AND make sure shares are available to short.
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