RE:RE:RE:RE:Do this next week if you're worried about shortersThat is right, an order placed isn't enough to stop shorting, you need for the long to actually sell their shares and if their shares have been 'borrowed' by a shorter then the shorter get's bought in. None of this matters anyway and the only thing that will stop the games is news.
TriumphSpitSix wrote: It's absolutely fiction. A false "security blanket" that does not work despite the warm fuzzy feeling.
Just because you can place them for sale, does not mean they are excluded from being loaned out to shorts. That's the point. They still loan them out, despite your attempt to lock them with a high selling price so they can't be.
It's all just digital accounting tricks.
If your broker is honest with you, he or she will confirm this is true.