re: i called this right as a short. Syringe.. I'm confussed.Did...

re: i called this right as a short. Syringe.. I'm confussed.

Did the "Melbourne firm" borrow the stock on your behalf?

The broker who did this deal has to operate under the ASX business rules. Shorting stocks which are not on the ASX permitted list is against the rules.

The only way the broker could of offered you a short position is if you "borrowed" the stock.

Stock borrowing is normally only available to instos or large private investors. I would be interested to know what the size of your position was/is?

(obviously tell me to rack off if you want)

I would also be interested to know who the firm is and if they are offering "borrowing services" to retail clients in retail size trades.

Junky