InvestorsHub Logo
Followers 4
Posts 415
Boards Moderated 2
Alias Born 04/13/2001

Re: Joemoney post# 150

Wednesday, 05/09/2001 9:24:20 PM

Wednesday, May 09, 2001 9:24:20 PM

Post# of 466
joe, here's some articles written by an ex (I think ex) market maker. The first one explains shorting. Try and read them all, they are pretty informative. The problem is that BB stocks are not governed by the sec rules so shorting happens. Also the offshore people short the BB's. but you're right, as per this article stocks under $5 are not supposed to be shorted. btw, if enough people write to the sec and complain about this situation, maybe they'll change that, and have the BB stocks covered, like the rest of the stocks.

http://www.streetsideinvestor.com/selectauthors.php3?Rogan%20LaBier

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.