RE:RE:RE:Attention: Take your shares off SELL ORDERHi Club.
Thanks for clearing that up, with the post below about putting our shares up for SALE at high prices, so that Shorts can't get them.
I remember your stance. That Shorts can NAKED short all day long. even months/years without actual shares.
So what we do, with putting our shares up for sale, would only put more supply on the market, or Sell orders on the the board. Which in tern gives the market a skewed picture. In fact if anyone wanting to BUY shares, would see that they're is a lot of people wanting to sell Bombardier shares? They probably wouldn't look to see what price the shares are put up for sale. They would probably just think that a lot of people are trying to get out of Bombardier shares at market value.That's a shorts trick as well, called "a short down ladder". When they flood the market with naked shares on the sell side to show that, no one wants to buy Bombardier shares. In fact there are too many shares for sale, and every one wants out. So until you really do you DD you won't know, what shares are for sale and at what price. You'll just see a lot of shares for sale. No a good picture to the market.
My opinion is. Why flood the market with sell orders. Don't put up any shares for sale. Let the Shorts deal with the demand of the market. The market now knows, or will know soon, that Bombardier has a lot of money from the sale of BT. So Bombardier now has lots of runway, and money to fix stand alone BBA. So if they see the supply of shares shares is up? They may stay away from buying. The first thing they'll think of is why are people trying to get out of the Bomber when they're now ok financially?
I say let the Shorts stew. Let them find real shares to cover their shorts
when the real demand for
real shares increases, as time goes on. I see the tide changing for the Bomber. So I see mostly buying from now on. You'd be foolish as an investor to sell. You'd buy, and hold, as a long. Unless you're a day trader, where your timing picture is different.
I'd be willing to debate this stratagy with any one. But it has to be logical. Cheers.
clubhouse19 wrote: I see that most here do not know how loosey goosey shorting is allowed to proliferate here in canada and how useless your call to put sell orders on your shares are.If they have the shares ..they supply them no matter what sell order you have. They have 10 days to settle even if IIroc cries otherwise.
https://www.reddit.com/r/stocks/comments/j29kyn/is_naked_shorting_legal_in_canada_and_is_it/
Barring that they can naked short and only need to have a reaonable expectation to deliver !
This is all nonsense about putting your sheres up for sale at inflated prices.
DrSpec_ wrote: BULLSHIT...
Now, I see who the shorter is. The only way for your stock to not to be shorted by brokers is to be on sell order, if you dont like $15 then make it for $100, who cares. Once shorts start buying and there is nothing to sell for those small price tags, they have to pay your price.