RE:RE:Yes, everyone put yoru shares up for sale at $100.00geodcan wrote: What about naked shorts???
That was the Wallstreet brokers solution to counteract your solution.
I'm not sure that listing your shares for multi-baggers of what the current price is even works as there is very little direction from brokers and securities on this issue.
I have done reading on this topic and from what I understand is that once the shares are posted for sale (yes, even a Limit Order for extremely high) is that the shares cannot easily be used for shorting.
Even with your shares sitting idle in your account
they can still be lent out to support shorting activity even without you knowing it.
Regardless if this helps limit shorting or not I see no harm is setting shares out for sale at a price you are willing to let them go for. If you believe that a year from now (or whatever time you like) that the shares will trade for $100 (or any amount you pick) and at that time you would sell all or some then why not post them for that future sale ? No need to set them all for sale at once either, you can post
SOME, not all and simply plan to pull your orginal cash out.
If the price spikes and hits the sale price you would always have the option to re-buy those shares at a lower price again (assuming the price pulls down again).
jmho / dyodd / glta