You have your prime broker borrow the stock on your behalf..Settle the trade.. you will obviously be liable to a fee for such a service..Call around and see who will do it for you... Or alternatively you could do some kind of extended settlement and in the mean time buy some of the stock to settle your short..
You have your prime broker borrow the stock on your behalf..Settle the trade.. you will obviously be liable to a fee for such a service..Call around and see who will do it for you... Or alternatively you could do some kind of extended settlement and in the mean time buy some of the stock to settle your short..
Most stockbrokers will only let you "short" if you are an established client. I have done it many times on a T+10 basis. Oftentimes for shares that I did not own and oftentimes as a covered short, where I actually had a holding of the particular share. Overall I would say that I have lost more money shorting than going long.
And for very good reason - the potential downside to the trade is unlimited ie the stock can rise ad infinitum. The op should consider buying put options if he is bearish. At least with the option his maximum loss is limited to the premium paid plus outlay. A spread bet with a guaranteed stop loss would be an alternative strategy.