Agoracom: Small Cap Investment - Spider Resources - Re: Sell orders

Welcome To The Spider Resources HUB On AGORACOM

First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Cylinder

Rank: President [?]

Points: 12766 [?]

Votes: 235 Score: 3.4 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Sell orders - curtailing manipulation?

in response to

Sell orders - curtailing manipulation?

SnugTheJoiner

posted on Jun 18, 2008 11:28AM

I just contacted Credential Direct and I was told:

"If there is an open sell order against a security, then a broker cannot offer them for loan to a short order."

So, if you want to cause a bit of problems for those shorters out there, put in a sell order for 20-30 times current SP. At least some of the manipulators will have issues with shorting.