RE:RE: so glad we shorted this ?????Hello LND shareholders,
Like many LND board readers, I noticed the discussion around shorting LND. In order to satisfy my curiosity, I called my brokerage (Scotia) and asked if it was possible to short a company on the TSX Venture exchange, specifically, LND. The response I got was as follows:
"If you are an institution, and the brokerage you are dealing with has a large inventory of the shares in question, then you (the institution) may be able to short a TSX Venture stock. However, at the retail level, it is typically not possible to short TSX Venture equities."
Note that this may reflect the position of this particular brokerage. Nonetheless, I hope this helps clarify the discussion around shorting LND. Full disclosure: I am long LND.
Regards,
Mike 405