<I>Say you buy a position and when you call for your certificate of ownership you are told sorry we loaned them
out and the certificate is presebtly being used to cover a short position with a larger brokerage house.</I>
I have just called my broker, TD Waterhouse, and asked if this ever happens. They said unequiovocally that it does not. Brokerages have only a limited supply of shares available for shorting.
PLEASE call a reputable broker and confirm this. I just hate to see untruths promulgated like this, Gary.
Are you calling me a shorter, a basher, or both, just for clarification.