Spreadbetting 2006

Technalyst:

Just a couple of simple questions concerning SB if you have time:

Can you take a long position on an Investment Trust?

Does a long spread bet have a time period or can you let it run for as long as you like?

Is there a SP limit under which you cannot trade - eg you cannot take up a position on a share that is under, say, £2?

And finally, if you took out a long position for £2 a point on a share that was trading at £3 does it mean that the most that you can loose on the deal is £600 (300 times £2)

Thanks for your time.

Nephin