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eelfland

10/16/06 1:58 PM

#120039 RE: lasernat #120027

I've been trading through Ameritrade for years, and they won't let ME sell pennies short. I wish. I've seen some doozies of worthless pump and dumps that I'd have shorted if I could have. I haven't tried it in a while, but I think their lower price limit last time I did try to short anything was $3.00. The restrictions may be different for different-sized accounts, or whatever. I'm not saying you're wrong, just relating my experience with them. I know that there are some brokers that will allow their customers to short pennies, especially overseas ones. I also believe that there is a huge short position in our stock. I get the feeling sometimes, especially on days like this, that somebody's shorting the hell out of it, wishing that they could take out some sell stops below ten cents. I don't think that's going to happen, though, and these guys are going to be covering at 13.5 or 14. But that's just years of experience talking, and trader's instincts, which I have been developing for almost 35 years. I'm often wrong still, and this may well be one of those times. We'll see.