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Re: swager22 post# 15613

Monday, 03/21/2011 1:35:10 PM

Monday, March 21, 2011 1:35:10 PM

Post# of 101798
Think or Swim-I apologize, I automatically assume everyone has margin for some reason. So I assume everyone is buying under margin. So I am speaking of margin accounts. So I am not 100% wrong. I guess that wouldnt have been 100% wrong in the first place.

Now look what youve done Think or Swim, I am no longer on subject since we are talking about margin account and cash accounts and this will probably be removed and my 2 weeks start over again. They started over yesterday too. lol

Try not to get me off subject please! JK.....relax no need to snap the way you did. A "you are partially correct gmarc and thank you for bringing that up let me take it from here....." lol

Acunna Ma ta ta-No worries TorS

You are right! Sorry if Im repeating but for those that dont understand why it is so that the traders that try to short SNEY will not be able to or it will be kept to a minimum if your their firm does not have shares to allow them to short. So, by putting the sell order in the firm thinks that they wont have the shares much longer and will not allow them to short shares that tehy do not have. Remember they are basically borrowing those shares to short and in a sense promising the firm that they can provide those shares to them at a cheaper price. By doing this we all can keep the shorting to a minimum in order to maintain a high pps.

If you have Scottrade then you do not need to worry about your sell order bcuz they do not allow penny stocks to be shorted anyway.


Good recommendation swager!



SNEY looking very good and maintainning near the high of the day.

gmarc
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