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Re: lesgetrich post# 61128

Monday, 01/28/2013 10:02:10 AM

Monday, January 28, 2013 10:02:10 AM

Post# of 67010
Yes, saw your post and I responded. A broker dealer has limits how many days they may be short and generaly most market makers I have spoken to have indicated that it would be uncommon to short a stock like this past one day and in any case would count against their net working capital. I admit I do not understand if there is a DTC chill how a broker dealer could reasonably support there were shares they could borrow since this appears to be a requirement and it would seem unclear how many days it would take to settle if physical certificate had to be transferred. Thanks for your information which was most helpful.

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