Sunday, October 14, 2007 1:20:21 AM
1] It does not work if the "shares" are in a "marginable" account. Which is required for all "sub-prime" holdings, like this "stock".
2] It does not have any effect on "Naked Shorting", which is still, and always will be, legal for MM's, and Brokers, and Hedge Funds, and any individual who finds any appropriately 'unregulated' off-shore Broker.
However, placing "a longer-term-sellorder ( 90 days o.s.) with a higher limit", can cause "unintended consequences" to any 'share'holder who acts on that pumper "advice".
Just ask your Broker's Corporate Legal Officer, and not the 'personal' discount Broker, who answers phones from far east of NY.
Averaging-down is profitable, for shorters, only.
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