Thanks for letting us know. etrade called me a
Post# of 32973
(Total Views: 672)
Posted On: 07/22/2021 5:29:11 PM
Thanks for letting us know.
etrade called me a year or to ago and asked the same thing. I said isn't counterintuitive to my investment strategy? You want me, to help others, hurt my investment? This was the person who name I see when I log in called a "Financial Consultant"
I could tell she felt bad even asking me and worse after talking to me. I suspect she had to call many other Verb shareholders.
What I figured in my head whether true or not is, it wasn't even worth my time let alone the aspect of hurting my investment.
If you think about it, who long will they actually loan out your shares? A day? A few days? A week? How much of a windfall would you actual make if 12.5% is annual?
I would assume you can't sell your shares either while they are loaned out.
Oddly, etrade called me on Monday and left a message to call them back.
You should know the borrow rate has gone up since I mentioned it recently. Its now 54.86% according to fintel
What is even more interesting is the short volume ratio dropped in 1/2 and is at 16.74%
VERB Short Shares Availability is 75,000
https://fintel.io/ss/us/verb
For fun, look up another stock.
I looked up Smartsheet (SMAR) as an example:
https://fintel.io/ss/us/smar
SMAR Short Shares Availability: 2,200,000
Borrow Rate: 0.26%
Short share ratio: 12.08
I would be curious Josh when they called you as that can give a hint as to what is going on. Be nice if there is a short squeeze brewing. An extremely high borrow rate, combined with very few shares to loan out are a few elements of a perfect storm. Certainly Verb has garnered the attention of the Gamestop/AMC crowd.
etrade called me a year or to ago and asked the same thing. I said isn't counterintuitive to my investment strategy? You want me, to help others, hurt my investment? This was the person who name I see when I log in called a "Financial Consultant"
I could tell she felt bad even asking me and worse after talking to me. I suspect she had to call many other Verb shareholders.
What I figured in my head whether true or not is, it wasn't even worth my time let alone the aspect of hurting my investment.
If you think about it, who long will they actually loan out your shares? A day? A few days? A week? How much of a windfall would you actual make if 12.5% is annual?
I would assume you can't sell your shares either while they are loaned out.
Oddly, etrade called me on Monday and left a message to call them back.
You should know the borrow rate has gone up since I mentioned it recently. Its now 54.86% according to fintel
What is even more interesting is the short volume ratio dropped in 1/2 and is at 16.74%
VERB Short Shares Availability is 75,000
https://fintel.io/ss/us/verb
For fun, look up another stock.
I looked up Smartsheet (SMAR) as an example:
https://fintel.io/ss/us/smar
SMAR Short Shares Availability: 2,200,000
Borrow Rate: 0.26%
Short share ratio: 12.08
I would be curious Josh when they called you as that can give a hint as to what is going on. Be nice if there is a short squeeze brewing. An extremely high borrow rate, combined with very few shares to loan out are a few elements of a perfect storm. Certainly Verb has garnered the attention of the Gamestop/AMC crowd.
(16)
(0)