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Vaso Active Pharmaceutica (VAPH) Message Board

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  • zarman3333 zarman3333 Feb 21, 2004 11:53 PM Flag

    Who's going to find any share to short

    Hey Tex...you know I haven't had any problem getting shares. I'm in Canada, and maybe investors here haven't caught on, I don't know. But I've gotten share to short no prob. What do you think of knicks research?? Just keeps getting better doesn't it.

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    • That is because Canada does not require brokers to actually borrow certificates from a real owner of the shares. When you sell short in Canada, you are actually printing your own shares, in effect--i.e., naked shorting.

      There is a new SEC rule going into effect on April 1st, that requires American brokerage houses to ensure that, if they do business with Canadian short sellers, that the Canadians actually have the certificates. This will put an end to what you are doing.

      The Baron

 

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