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#1 2009-05-26 23:27:33

hungryneophyte
Registered: 2009-05-26
Posts: 1

Is there an easy way to gauge the probability of borrowing shares?

Experts,
             Is it possible to tell just by looking at the quote, how hard it will be to borrow shares? I ask now because I’m feeling this system out, practicing before I use real money. There no use in me thinking I can short something when in reality there is now way I’ll be able to find the shares.

               For example, RRLMF looks like it will be a good short. It’s up 50%, but the only news that I can find is that the Canadian market police made them release a statement saying that they had no news. (http://www.tradingmarkets.com/.site/new … s/2343334/).  It is only got a market cap of 30M, but it traded 437,500 shares today.


                 And if you feeling generous, what about STJC. 

“The Saint James Company (STJC) is a development-stage company. The Company is entered into agreements to acquire and distribute wines produced in Australia and New Zealand. In December of 2005, The Company acquired certain animation cell art with the intention of engaging in a marketing and licensing business. During the year ended December 31, 2008, the Company does not have active business operations.”

               OR AVARF?

    Any chance to short that? We all know its crap. Or should I be looking for companies with a higher market cap?



                Thanks,
                                                                            A hungry neophyte

Last edited by hungryneophyte (2009-05-26 23:39:32)

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#2 2009-11-03 09:26:49

buch1223
Registered: 2009-04-21
Posts: 2

Re: Is there an easy way to gauge the probability of borrowing shares?

I can never find shares to short.  I have a etrade and think or swim account.  Do i need to reserve them?

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