Posted On: 08/30/2016 1:47:28 PM
Post# of 72441
It is SUPPOSED to prevent your shares from being sold short, because when you have a "sell" order on them they're committed to being sold already.
But, in practice -- who knows? There have certainly been plenty of stories that certain brokerages have been less than, um, "faithful" in observing that rule.
But, in practice -- who knows? There have certainly been plenty of stories that certain brokerages have been less than, um, "faithful" in observing that rule.
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