Wednesday, April 11, 2007

Smokin start

The reverse bounce screen is off to a smokin start. But I was only able to get in ACEL @ 2.14. TGEN shares are not available to short and MEMY and THLD was moving so fast my limit orders didn't get filled, illustrating some of the problems with playing the short side. Some players don't even bother shorting because executing the trade can be impossible at times.
Here's the list of problems that I've encounter trying to short:
1. There are no shares available for shorting, that's the biggie.
2. The uptick rule
3. Can not short otcbb stocks because they're not maringable.

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