Attention: Take your shares off SELL ORDERI posted that I put a ton of shares for sale earlier.
I JUST CANCELLED MY SELL ORDER. (I'm sorry for the mistake of my earlier post)
After reading up, on shorting from Suday's earlier the post from Soundandfury.
We are making a big mistake by puting up our shares for sale at a high price.
We are just flooding the market on the SELL SIDE of the equation. So the buys will be less, and the Sells will be more.
The idea that the the SHORTS can borrow our shares, if we don't put them up for Sale is NOT CORRECT. The Shorts always can Naked short without our shares.
The only shares of yours, that your Brokers can lend to the shorts are the ones that you have in Margin Accounts. The Cash accounts and registered accounts they can't touch without your permission. Depending on your Broker of course. The Banks in Canada are fairly safe and play by the rules. Brokerage houses may differ here in Canada too.
The POSTER(S) who started this thing on the board about putting up our shares for Sale at high prices is/are wrong or are shorts. I don't recognize these posters, or the ones that I do recognize could be shorters. They want the price of Bombardier to go down.
Again. The shorts don't need OUR SHARES to short. They can naked short without our shorts.
But If we put SELL orders in? We are creating a diferent problem. We are flooding the market with SELL ORDERS, and the BOMBER Share Price will go down MONDAY.
SO CANCELL YOUR HIGH PRICE ORDERS.
Because you don't want to create a false SELL OFF of Bombardier Shares.
This will only drive the BOMBER SHARE PRICE DOWN.
IF you want the share to go UP????
Then JUST BUY more shares.
But we've said this so many times here on this board. ONLY BUY WHAT YOU CAN AFFORD TO LOSE. If you can't afford it then don't buy. This is a casino controlled by the HEDGE FUNDS
People who we don't know that come to this board, and tell us all kinds of things, can cause real problems for people who don't how the market works. So be careful with your money. This is worse than a CASINO.
Remember. It's your money. Take care of it.
Bombardier's SP will start to go up anyway. The Family/BOMBER now has the money as I posted earlier. They have the money from BT and are heading in the right direction.
Again I'm sorry that even posted that I put my shares up for sale. I have since cancelled those Sell Orders.
We don't want to help the Shorts. I believe someone has posted about this on Sell and Buy imbalance Sunday, and we didn't listen. I've changed my thinking. You do your own DD.
I'm not putting SELL ORDERS ON.