Replies to post #42286 on Calissio Resources Group Inc (CRGP)

[janice shell]

Yes and no. It has nothing to do with shorting. Different brokerages have different policies. Etrade almost never restricts anything; TDA is the most likely to apply restrictions. It seems that TDA usually restricts if the stock has a DTC chill, but they may do it for other reasons as well.

The bottom line is that they're protecting their own interests. They want you to call so if anything goes wrong later on, they can say you called and specifically asked to have the order placed.

[I-Glow]

It isn't illegal to short a stock - you are just betting it goes down - the same way you do when you are long or think the stock will go up.

I had a case where I had to call my broker to buy shares because the company was on there restricted list so that they could monitor and identify suspicious activity.IYO would or could this be a way to stop the short sales of a security?IMO I think all NYE,NASDAQ & OTC's stocks should be monitored this way.

IG