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Magal Security Systems Ltd. Message Board

  • sirmick69 sirmick69 Apr 30, 2004 12:48 PM Flag

    A misguided notion!! Read

    When you trade online with a service that caters primarily to retail individuals, such as Ameritrade, you can only get shares to short of small float companies like this one pre-market on a daily basis. As of 9:30 a.m., boom, none available. So, commonsense has it that a POS like this one will run up because most people can NOT short it. WRONG!!! Joe Schmoe can not short it because the "big boys" already took possession of all the lent shares. MM's will add fuel to the fire using their own inventory. The short and the long of it, if you're long and NOT FAST ENOUGH ON YOUR FEET, you'll get killed time and again!!

5.42+0.02(+0.37%)Aug 26 3:58 PMEDT