Re: shorthing not possible ......

["theo lockefeer" <sky40912@xxxxxxxxx>]

Still Think Datek could behave a lot more 
consumerfriendly but you are probably right John,
 
Thanks
Theo 
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  John Manasco 
  
  To: <A title=metastock@xxxxxxxxxxxxx 
  href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx 
  Sent: Monday, December 17, 2001 5:55 
  PM
  Subject: Re: shorthing not possible 
  ......
  
  In order to short a stock the broker must have it 
  in their inventory or borrow it from someone who does. This looks like a 
  thinly traded stock with average daily volume below 50000 shares. Datek may 
  not have any in inventory to short and may not want to look around for someone 
  who does. On a thinly traded stock changing brokers is probably no the answer. 
  You're with one that has a good inventory to begin with.
   
  For what its worth a short covering rally in this 
  stock could be pretty gruesome for the shorts.
   
  John Manasco
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    ----- Original Message ----- 
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
    theo 
    lockefeer 
    To: <A title=metastock@xxxxxxxxxxxxx 
    href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx 
    Sent: Monday, December 17, 2001 2:59 
    AM
    Subject: shorthing not possible 
    ......
    
    Hello friends:
     
    I wanted to short REFR (based on 
    research)
    but Datek doesnot has long positions on it so i 
    cannot
    short it : does anyone of you had simular 
    expiriences
    with (other) stocks and (other) brokers 
    ?
    Is the only solution taking another broker 
    ?
     
    Thanks
    Theo L.