Why can't I sell short????

Discussion in 'Trading' started by ryoubetteroff, Jul 4, 2003.

  1. ryoubetteroff

    ryoubetteroff

    Was unable to short ASKJ on Interactive Brokers on Wednesday. Did get some short in another account. It was available for short sale again on Thursday with IB.

    Is this some signal or indicator telling us something about a stock? (not necessarily this one)

    Can anything be divined or prediction made when one sees this?
     
    #1     Jul 4, 2003
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  2. bundlemaker

    bundlemaker

    When the broker runs out of available borrowable stock, you can't short it. Can happen with any stock, at any broker.
     
    #2     Jul 4, 2003
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  3. WDGann

    WDGann

    Ummm... maybe uptick rule?
     
    #3     Jul 4, 2003
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  4. tt1452

    tt1452

    One of the gurus on the Bulls and Bears Fox show mentioned that ASKJ had run up over 1000 %

    Maybe this is why it is hard to borrow????????????
     
    #4     Jul 6, 2003
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  5. Kap

    Kap

    Time to BUY, short squeeze:eek:
     
    #5     Jul 6, 2003
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  6. greenleaf

    greenleaf

    Why you would want to short this guy is beyond me.

    Attached is a weekly chart.
     
    #6     Jul 6, 2003
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  7. Ron In-a-sauna

    Ron In-a-sauna

    i agree, why do you want to short something clearly in a strong uptrend; because you THINK it ran too far too fast...
     
    #7     Jul 6, 2003
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  8. ktm

    ktm

    Because they don't make money and probably never will?
     
    #8     Jul 7, 2003
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