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Re: andrius post# 877

Monday, 02/21/2005 4:49:09 PM

Monday, February 21, 2005 4:49:09 PM

Post# of 23619
Andy, I was unable to answer the question. I asked someone in the know and this was his reply..."He can just open an account in a Canadian brokerage and short to his hearts content."
"An expert" I am not in shorting. I just try to put the puzzle together. I have come to the conclusion that there is a problem with shorting. Why would the SEC put together regulation SHO if there was no problem?
You, Matt, Glenn, and myself know just a litte about shorting penny stocks. This I would assume to be true for 99% of the people reading this board. So another conclusion I have come up with is those that have mastered the shorting of stocks under $5.00 are flying under the radar. They have found a way to work the system to their advantage.
I am all ears as to anything some other posters may have on this topic. ROX