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Way to go with the STLD short, SG! Golf claps both for Spike and Doug. I dunno if I can be so congratulatory on the 0.6% Lye has managed to eke out so far. Chuck Norris makes 0.6%taking apiss in the morning. Still a heckuva lot better than my -2.1% though...
This brings up a question. The rules to this contest, which, as far as I know, were written by Lyehopper, state that if someone wishes to short a stock, there must actually be shares available to short.
Does anyone have a simple method of determining whether there are shares of a given stock available to short? What is it?
Peanuts, I was unable to find any shortable shares of PFACP. Anybody?
Rob, I could not find any shares to short either, so I guess you can drop that trade. However, I would still like make a trade out of NSSC. Please sell that and now I will be long on GV. Thanks... I'll be sure to check whether a stock is shortable through TD-Ameritrade prior to trying that again.
Chuck Norris is bringing a lawsuit against NBC for the use of "Law and Order"... apparently, he has copyrighted those names for his right and left legs.
Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
Peanuts, I went ahead and gave you the 12:00 price on the NSSC sale. Here's why: I have to admit that I haven't been checking for availability on shares people short in this contest, mainly because I forgot about that rule. I was reminded of it the other morning when Websman retracted his short on MSO, stating that he couldn't find any available shares.
Since I very rarely short anything, I haven't much experience with it. The few times I've played anything short, there were plenty of shares available, and finding them wasn't a problem. This is why I posed the question earlier about a good method to determine whether shares are available. Unless there is an easy-to-use, unimpeachable method of doing this, I see no alternative but to disallow shorting in the contest altogether (as long as I'm the temporary scorekeeper anyway).
p.s. Billy Jack will walk through any crack alley in the U.S. at 2:00 a.m. without fear.
Peanuts, I went ahead and gave you the 12:00 price on the NSSC sale. Here's why: I have to admit that I haven't been checking for availability on shares people short in this contest, mainly because I forgot about that rule. I was reminded of it the other morning when Websman retracted his short on MSO, stating that he couldn't find any available shares.
Since I very rarely short anything, I haven't much experience with it. The few times I've played anything short, there were plenty of shares available, and finding them wasn't a problem. This is why I posed the question earlier about a good method to determine whether shares are available. Unless there is an easy-to-use, unimpeachable method of doing this, I see no alternative but to disallow shorting in the contest altogether (as long as I'm the temporary scorekeeper anyway).
p.s. Billy Jack will walk through any crack alley in the U.S. at 2:00 a.m. without fear.
you don't have to do that, Rob! you can modify the rules to suit your scorekeeping needs by either
1) allowing all short trades (only a very few really can't be shorted, and you know there are still hedge funds getting around this anyway)
2) setting other more easily verifiable criteria besides whether the shares are available, i.e. minimum average volume and/or latest short interest data, or avg days to cover.
just my suggestion, as there are undoubtedly better ways to do it.
Due to circumstances beyond my control the scorecard will be posted later than usual this evening. Until then, try to exercise a little self-control. I'll give you one clue though: The Stock Girl has fallen from her lofty position. Sorry, The Stock Girl, it's just a plain fact.
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