Re: shorthing not possible ......

["John Manasco" <john@xxxxxxxxxxx>]

In order to short a stock the broker must have it 
in their inventory or borrow it from someone who does. This looks like a thinly 
traded stock with average daily volume below 50000 shares. Datek may not have 
any in inventory to short and may not want to look around for someone who does. 
On a thinly traded stock changing brokers is probably no the answer. You're with 
one that has a good inventory to begin with.
 
For what its worth a short covering rally in this 
stock could be pretty gruesome for the shorts.
 
John Manasco
<BLOCKQUOTE dir=ltr 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  theo 
  lockefeer 
  To: <A title=metastock@xxxxxxxxxxxxx 
  href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx 
  Sent: Monday, December 17, 2001 2:59 
  AM
  Subject: shorthing not possible 
  ......
  
  Hello friends:
   
  I wanted to short REFR (based on 
  research)
  but Datek doesnot has long positions on it so i 
  cannot
  short it : does anyone of you had simular 
  expiriences
  with (other) stocks and (other) brokers 
  ?
  Is the only solution taking another broker 
  ?
   
  Thanks
  Theo L.