(Total Views: 494)
Posted On: 02/28/2021 11:17:57 PM
Post# of 154896
Thanks CDiddy
CDiddy wrote:
When they borrow, they are also selling the shares. They have to buy them later. They are betting that they will be able to buy at a lower price. They have to pay interest on the borrowed shares.
My response:
I understood and understand the above.
What some folks seem to be claiming,
is that all the borrowed shares might not be sold (shorted) yet????
That they can borrow the shares, and then wait until the price goes way up
And then exercise their sale.
I think you are saying that this is not possible and I would agree.
This is relevant because over 3 millions share are presently borrowed.
If you are correct,and I think you are, those share have already been shorted/sold, so it would seem that Monday might be a big covering day,
and it really should not be a day of share price decline do to shorting.
There are somewhere between only 15,000 to 20,000 shares available to
borrow for shorting.
CDiddy wrote:
When they borrow, they are also selling the shares. They have to buy them later. They are betting that they will be able to buy at a lower price. They have to pay interest on the borrowed shares.
My response:
I understood and understand the above.
What some folks seem to be claiming,
is that all the borrowed shares might not be sold (shorted) yet????
That they can borrow the shares, and then wait until the price goes way up
And then exercise their sale.
I think you are saying that this is not possible and I would agree.
This is relevant because over 3 millions share are presently borrowed.
If you are correct,and I think you are, those share have already been shorted/sold, so it would seem that Monday might be a big covering day,
and it really should not be a day of share price decline do to shorting.
There are somewhere between only 15,000 to 20,000 shares available to
borrow for shorting.
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