PREVENT YOUR SHARES FROM BEING SHORTED. "They" are
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Posted On: 06/07/2017 6:09:10 PM
PREVENT YOUR SHARES FROM BEING SHORTED. "They" are very possibly going to try to push this down again after tomorrow (or intraday, knowing that they're going to have to cover because of the name change). You can prevent YOUR shares from being shorted by putting in a "good till canceled" sell order at (hopefully) 20, or as high as your broker will allow you to put it in.
This is important. If you have a "sell" in (at a high price so no one takes you up on it -- yet), then the brokerage legally CANNOT lend out your shares for shorting.
Of course, this doesn't prevent the naked shorting, but it sure makes it harder for the retail traders' gangs.
Sure hope Aruda has protected his shares this way.
This is important. If you have a "sell" in (at a high price so no one takes you up on it -- yet), then the brokerage legally CANNOT lend out your shares for shorting.
Of course, this doesn't prevent the naked shorting, but it sure makes it harder for the retail traders' gangs.
Sure hope Aruda has protected his shares this way.
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