Zeev's Turnips Patch-No Politics (ZEEV)

[phill]

Selling Short Against the Box

A short sale against the box of a stock is where the seller actually owns the stock, but does not want to close out the position.

The rules of the SEC and National Association of Securities Dealers, Inc. place restrictions on when you can sell short. You can read about these restrictions in our Fast Answers databank on "Short Sale Restrictions."

http://www.sec.gov/answers/shortbox.htm

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