“Which, for those who may not know, placing a se
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Posted On: 02/14/2019 1:18:18 PM
Re: nonsequetor #6508
“Which, for those who may not know, placing a sell order for your shares (set an extremely high price), locks those shares so that they cannot be shorted by your broker”
Any shares held in a cash account can’t be loaned for shorting without the owner’s consent; and even with a margin account the owner can submit a directive prohibiting the broker from shorting any shares they’re holding without consent (usually only allowed by default).
Setting a sell order at a high price just lets the whole market know who believes urban legends.
Any shares held in a cash account can’t be loaned for shorting without the owner’s consent; and even with a margin account the owner can submit a directive prohibiting the broker from shorting any shares they’re holding without consent (usually only allowed by default).
Setting a sell order at a high price just lets the whole market know who believes urban legends.
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(1)Decision Diagnostics Corp (DECN) Stock Research Links
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