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Re: TR4GEDY post# 12512

Sunday, 08/25/2013 10:08:14 PM

Sunday, August 25, 2013 10:08:14 PM

Post# of 12829
You can't hold shorts on stocks under $1.00 overnight at Suretrader anymore. Even if they didn't have that rule I would still have to cover by tomorrow -- their clearing firm, ETC, almost invariably gives buy-ins on the third day after the trade. 20,000 of my 120k short shares are at ETC through Centerpoint Securities and I will have to cover them tomorrow. On the big spike day EKDKQ was easy to short there but it has not been shortable since.

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