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rtaylor111

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rtaylor111

Re: smallcatfish post# 16499

Monday, 08/18/2008 2:07:05 PM

Monday, August 18, 2008 2:07:05 PM

Post# of 112708
According to SEC regs, a broker must make arrangements to borrow shares in order to allow a trader to take a short position against your stock.

By placing a AON sell order, the broker may see your shares as being unavailable for loaning out to the short trader. If your AON sell order has a sell price set too high, the broker will see that as unrealistic, and will loan out your shares anyway.

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http://www.wallst.net/referral/Pinr

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