RE:RE:3 Million + shares in my account! Bring it on!PositionTrade wrote: Propose you putting your shares for sell at as high price as allowable, so nobody can borrow your shares to short you. Just a proposal. And I did do this way. JMHO
It sounds intelligent, but its not, you are repeating something you know nothing about. All shares are held in what is called a segragated accounts in Canada. No one can borrow share in segragated Accounts. The only accounts that brokers or anyone else can borrow against is Margin Accounts in Canada. Even then if you put your shares for sale at a much higher price, it still does not interfere with borrowing.
Call your broker, ask what segragation means on your statement in regards to someone borrowing your shares.