It wasn't just trading that ground to a halt. A great many things ground to a halt. They were probably waiting to see if Bush would nuke something.
Re:Yes you can profit from SCO's woes.........
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AutoZone Responds To SCO
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· Score: 2, Informative
There wasn't any stock to short (at my broker) when SCOX last ran up to 11 or so, but when it dropped back around 10, it became available again. I don't know what made it unavailable for shorting (if not booming short interest), but as the price drops, short sellers who cash out will make some shares available for shorting. One can probably infer that any more pumps of SCOX stock will be met by spikes in shorting. Drops in price will result in some short shares becoming available, but not mine, I'm riding this one all the way down (my short positions, that is).
Slashdot Mirror
It wasn't just trading that ground to a halt. A great many things ground to a halt. They were probably waiting to see if Bush would nuke something.
There wasn't any stock to short (at my broker) when SCOX last ran up to 11 or so, but when it dropped back around 10, it became available again. I don't know what made it unavailable for shorting (if not booming short interest), but as the price drops, short sellers who cash out will make some shares available for shorting. One can probably infer that any more pumps of SCOX stock will be met by spikes in shorting. Drops in price will result in some short shares becoming available, but not mine, I'm riding this one all the way down (my short positions, that is).