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BBANBOB

07/01/15 11:44 AM

#27212 RE: kennypooh #27211

Currently my friend SCHWAB has CRQE as HARD TO BORROW as they did EWRL as well for some time.
This means that there are NO SHARES WITHIN CHUCKIES HOUSE/SYSTEM available NOW to be borrowed...................
So sorry Kennypooh someone took the chance>>>>>>>>>>>>>>>>>>

Also you say to make a few hundred $$$$$$$$ ,funny how when this goes up in a day , my acct may very well show as much as $XX,XXX in gains and not sure about you but that is MORE THAN A FEW 100$.So for the sake of all here ,let's just say we agree to DISAGREE!!!!!!!

BBANBOB

07/01/15 11:50 AM

#27215 RE: kennypooh #27211

ALL I had to do was ask em if there were shares available on their live hot line just now ,and he said NOPE not a one

Jerry7777

07/01/15 4:23 PM

#27235 RE: kennypooh #27211

IF you have asked your broker --- why don't you lay out the question(s) and answer(s) on the board?

However --- you show the WRONG question!:

1. As you noted in a subsequent post, one must have
a "margin account" for the "trade".

2. The "cost" will be certain 'standard commissions'.

3. BUT MAKE SURE THAT THE BROKER TELLS YOU HOW MUCH
"COLLATERAL" YOU MUST PUT UP IN ADDITION TO ANY-
THING ELSE IN ORDER TO MAKE THE TRADE.

(THAT'S "THE REAL QUESTION"!)

4. And/Or re-"search" through the SEC Rules and Regs
and "see" what you come up with.

Have a nice --- "one"!

P.S. I remember years ago when I was in public accounting
that it was brought to our attention that someone had asked
his 'accountant' how long he had to hold a stock in order
to gat capital/long-term gains".

Yhe 'answer' that he got was "six months" ["the minimum"
back then].

The person sold the stock ON the sixth month end --- and
at tax time he could onlt take it as a "short-term" trade.

The "answer" should have been: "Six months plus one day"
or "At least six months".

Specificity is "the key"!