TheDirectory.com Inc (SEEK)

[Steel Penny]

Not sure if you can do this, but one possible way, if you can do it in the Pinks, would be a Covered Short Sale. This would be something that you may be able to work with a broker's help. Say you own a MM shares long, you go to your broker and say that you would like to short MM shares. In essence you would be selling your own shares, but if the broker borrows a MM shares on your behalf and the shares drop and you replace the shares before the market close, you keep your original shares (and their purchase date) and simply close out the short sale and take your profit. In this case the broker has no risk and your risk (if the stock goes up) is lost profit when you cover the short with your owned shares. I guess I'll have to talk to my broker about this to see if it's possible, unless someone out there knows.