One thing we can do to weaken the shorters ability
Post# of 22465
(Total Views: 402)
Posted On: 02/03/2021 12:39:56 PM
One thing we can do to weaken the shorters ability to do business is to place a long-term limit sell order for an outrageous amount, (say $5/share) for all you own.
It is my understanding that the SEC does not allow them to sell short any shares that are committed to a sell order, only unencumbered ones; and that the total of all shorts cannot be more than the number of shares extant.
I have done this with all mine.
If we would all do this, It might help.
Some of us here probably hold 7 or even the low 8 digits worth.
Just sayin'
S.A. John
It is my understanding that the SEC does not allow them to sell short any shares that are committed to a sell order, only unencumbered ones; and that the total of all shorts cannot be more than the number of shares extant.
I have done this with all mine.
If we would all do this, It might help.
Some of us here probably hold 7 or even the low 8 digits worth.
Just sayin'
S.A. John
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