RE:get er done read please enough is enoughI'm still new to investing, so please forgive my ignorance. Does anyone know how the parameters are calculated to make sure your sell orders won't be borrowed to short? Double the market price? Triple?
I am just learning about this today from this post and I think if we band together at least everyone here can prevent their shares from the shorters.
Tameraq wrote:
See below regarding what everyone should do to fight shorters If you want to stop the shorters dead in their tracks....... and not allow them to drive the stock lower stop praying and coming on here to cry about it, do something. Many say what can be done and there is the rub, yes u can do something. To short a stock u need a margin account and you MUST be able to borrow the stock, otherwise it is classified as naked shorting which is NOT ALLOWED. Thus all one has to do is put thier stock up for sale at a much higher price than the ask. Example ABCN asking 1.25 put the order in for a month at 5.25 now the stock has been designated and then can not be lent out or borrowed. Continue to change the order a couple of days just before it will expire and extend it for another 30 days until the shorts can not take it anymore and is then forced to cover or a margin call happens and they must be able to settle their account at the end of the close of the day otherwise there stock will be sold to cover the margin call. There u have it, something can be done but most are not aware.
Read more at https://www.stockhouse.com/companies/bullboard#4SfywSI5za5Z04ZO.99