do a search and get a better broker while u are at it.
You can not short on the first day of trading since there is no stock available for loan since no one is a holder of record until the stock settles....
As determined by the Securities and Exchange Commission, which is in charge of IPO regulation in the U.S., the underwriters of the IPO are not allowed to lend out shares for short sale for 30 days. This is Series 7 stuff......
As determined by the Securities and Exchange Commission, which is in charge of IPO regulation in the U.S., the underwriters of the IPO are not allowed to lend out shares for short sale for 30 days. This is Series 7 stuff......
