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siriuslyricher

02/15/07 2:03 PM

#65044 RE: newman23 #65043

And your point? The bigger question is why others (such as Scottrade & Schwab) have no restrictions now (or never had any). See my earlier post below:

Posted by: siriuslyricher
In reply to: design333 who wrote msg# 33014 Date:2/15/2007 10:03:15 AM
Post #of 33022

Design, it's odd that they had that "restriction" on for a finite period of time. It does suggest that they accomplished whatever it was that they wanted to do, such as covering a short position. Otherwise, if there had been a bonafide underlying concern, the restriction would have remained in place. I think Etrade just has a larger short position they are trying to cover before details of the JV are announced.