Interesting read from another board. This article
Post# of 72440
(Total Views: 271)
Posted On: 07/17/2019 9:19:20 AM
Interesting read from another board. This article is about stocks that are legally borrowed as opposed to those nakedly shorted. Go IPIX!!!
drobx Tuesday, 07/16/19 08:49:37 PM
Re: AlanC post# 2187 0
Post # of 2189
Here is an article from June 1 listing the highest interest rates for short sellers at that time, giving an idea of what are considered high rates.
https://www.marketwatch.com/story/these-are-t...2019-05-30
"Controversial e-commerce and cryptocurrency play Overstock.com Inc. OSTK, +3.14% cracks the list as well with a 15% borrow fee."
BTW Schwab rate is now 38%.
drobx Tuesday, 07/16/19 08:49:37 PM
Re: AlanC post# 2187 0
Post # of 2189
Here is an article from June 1 listing the highest interest rates for short sellers at that time, giving an idea of what are considered high rates.
https://www.marketwatch.com/story/these-are-t...2019-05-30
"Controversial e-commerce and cryptocurrency play Overstock.com Inc. OSTK, +3.14% cracks the list as well with a 15% borrow fee."
BTW Schwab rate is now 38%.
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