short sale available?

short sale available?

am 01.03.2006 02:06:36 von irish

Hi:

I am trying to short a stock, but the (online) firm i normally trade
through says it is not able to find any shares available to borrow. I
called another firm and they indicate that the stock is ineligible; but
shortsqueeze.com is reporting approximately 300,000 shares are
currently short.

My question - has anybody else run into this problem? I suspect each
brokerage probably has its own set of rules. Does anyone know which
firms are more flexible?

Tx

Re: short sale available?

am 01.03.2006 02:08:24 von 704set

"irish" <> wrote in message
news:
> Hi:
>
> I am trying to short a stock, but the (online) firm i normally trade
> through says it is not able to find any shares available to borrow. I
> called another firm and they indicate that the stock is ineligible; but
> shortsqueeze.com is reporting approximately 300,000 shares are
> currently short.
>
> My question - has anybody else run into this problem? I suspect each
> brokerage probably has its own set of rules. Does anyone know which
> firms are more flexible?
>
> Tx
>

Full service firms are usually better at getting the stock. Which stock is
it?

704set

Re: short sale available?

am 01.03.2006 09:59:45 von Arthur

Flexible? It is the law in the USA ... one can not sell what one does
not possess ... except for certain very liquid index equities.

arthur
==
On 28 Feb 2006 17:06:36 -0800, "irish" <> wrote:

>brokerage probably has its own set of rules. Does anyone know which
>firms are more flexible?

Re: short sale available?

am 01.03.2006 10:02:51 von Arthur

Are Options available?

a
==
On 28 Feb 2006 17:06:36 -0800, "irish" <> wrote:

>Hi:
>I am trying to short a stock, but the (online) firm i normally trade

Re: short sale available?

am 11.03.2006 00:38:58 von irish

Turns out there is a rule that only 1/2 of 1% of a stock can be sold
short.

Re: short sale available?

am 11.03.2006 00:51:27 von blash

irish annonces:

> Turns out there is a rule that only 1/2 of 1% of a stock can be sold
> short.

How about providing a link to that rule for those of us who are laughing
at your post.......

Re: short sale available?

am 11.03.2006 10:56:17 von ausound

"irish" <> wrote in news:1142033938.053104.225170
@e56g2000cwe.googlegroups.com:

> Turns out there is a rule that only 1/2 of 1% of a stock can be sold
> short.
>
>

Take-Two Interactive Software Inc. (TTWO)

Shares Outstanding: 71.44M
Float: 71.06M

Shares Short (prior month)3: 18.03M
Shares Short (as of 10-Feb-06)3: 19.50M
Short % of Float (as of 10-Feb-06)3: 27.50%


better call the cops 'cause TTWO is in severe violation of your 1/2 of 1%
rule

Re: short sale available?

am 11.03.2006 19:02:13 von Carolyn

me thinks most of the listed stocks are!

ausound wrote:
> "irish" <> wrote in news:1142033938.053104.225170
> @e56g2000cwe.googlegroups.com:
>
>
>>Turns out there is a rule that only 1/2 of 1% of a stock can be sold
>>short.
>>
>>
>
>
> Take-Two Interactive Software Inc. (TTWO)
>
> Shares Outstanding: 71.44M
> Float: 71.06M
>
> Shares Short (prior month)3: 18.03M
> Shares Short (as of 10-Feb-06)3: 19.50M
> Short % of Float (as of 10-Feb-06)3: 27.50%
>
>
> better call the cops 'cause TTWO is in severe violation of your 1/2 of 1%
> rule
>

Re: short sale available?

am 12.03.2006 00:27:13 von Dr Tormento

Carolyn <> wrote in
news::

> me thinks most of the listed stocks are!

Some ETFs have short interest larger than the float.