Interesting! It suggests that IB's customers are approaching net-short in QQQ and other issues. This might be regarded as bullish or bearish, depending on whether IB customers are "smart" money. Sanjuro is right, maybe one needs to find a broker that caters to the buy'n'hold crowd in order to short some issues.
IB told me that they had no QQQ available to short as they had to balance their postition.. or something.. might be some available by tuesday! lol Saved me one stupid trade anyway.. but feels pointless being obliged to trade long only thanks to IB..
Thanks Neil, Saved me from a bad trade too. Problem is, they have plenty of other stocks to short, so that "allowed" me to have several bad trades, LOL.
that's pretty wack. IB users, how often does this happen? How would you rate the general availability of the liquid names (500K volume issues)?
It is not on the list. Must not have enough inventory. I check the list every morning now to see what is avail. Bert