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Posted On: 02/04/2020 6:38:35 AM
Post# of 72444
They should get my permission before shorting my shares! Believe it or not there are times I would most welcome them to do so, so I can fry them with a nice bounce and catch them.
I don't know if it's true or not either, and I've heard it matters if it's a non IRA account or an IRA. My GTC's are set so high on all my equities I'd be a gazillionaire if even one went through.
I don't know if it's true or not either, and I've heard it matters if it's a non IRA account or an IRA. My GTC's are set so high on all my equities I'd be a gazillionaire if even one went through.
Quote:
That is the correct procedure using the etrade platform. In theory, it keeps your broker from loaning shares for shorting purposes without your permission. Not sure if it works, but I don't take chances and have always used this strategy.
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