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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Shorts using my shares
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Post by Coop007 on May 10, 2016 4:55pm

Shorts using my shares

Can someone please clarify, Shorts can only use shares from a margin account not a cash account
would HATE to think they have their gruby little hand on my virgin white shares
Comment by GoldBug024 on May 10, 2016 5:15pm
yeah if someone wouldn't mind explaining how shorts might me able to get there hands on my cash bought (non margin) shares?
Comment by fdfd12 on May 10, 2016 5:21pm
I heard they would get it and when it hits $100, then they would ask for it back.
Comment by Stockcoach1 on May 10, 2016 5:27pm
I was told through the trading desk at my brokerage that this is how it works. The only accounts that are game for the shorts are cash accounts with "margin" and putting them up makes no difference. All that happens if price hits $100.....the sale transacts and the short would get called to cover by settlement date. All other accounts such as regular cash (without margin) and all ...more  
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