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Re: starboy post# 4282

Wednesday, 08/03/2005 11:13:34 AM

Wednesday, August 03, 2005 11:13:34 AM

Post# of 44374
Starboy

"My Scottrade brokerage's manager said marginable securites below $4 cannot be borrowed for shorting."

He must have thought that you wanted to short the stock. No retail investor can short under $4...TRUE but Hedge funds can and majority of shares are held by them so the biggest impact is from them.

And as Jack always says: "You can't handle the truth! Son"

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