GREY:CRIUF - Post by User
Comment by
deisman03on Jul 18, 2018 3:29pm
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Post# 28334665
RE:RE:RE:Shorters
RE:RE:RE:Shortersannegel wrote: deisman03 wrote: marketsense wrote: It's a well meaning gesture but I've never seen that strategy ever work against a determined
short attack. It would seem to make sense if all the longs would co-operate to stop the
shorters but for what ever reason, it never seems to come about so I'm not optimistic on
this idea. The best way to crush shorters is good company performance that encourages
investor interest and more buying than selling. This company seems to be vulnerable to
manipulation and they seem unable to do anything about it and until that changes, I remain
uneasy and concerned. I haven't sold a share and I have bought a bit more but I need to
keep a limit on my exposure for sound portfoio management.
I'm not saying it will turn a short attack around but it will make less units available for them to borrow without YOUR permission. That should be illegal IMHO.
I have managed to keep 65+k units out of the hands of the shorts. There are other unit holders on this site with a lot more units than I have. Institutions keep their units privately so they have to give specific permission to short their units.
Banks and brokerages on the other hand, can and do put YOUR units up for the shorts to borrow, WITHOUT GETTING YOUR PERMISSION TO DO SO. Unless you do something like put on a rediculously high sell price for the maximum allowed time period they just assume you're ok with them lending your units to shorts.
What have you got to lose????? What have you got to gain?????
GLTA the good folks here.
As they don't have to ask permission, what would be their risk if they borrow your shares knowing that they will never go up to 15$ in a foreseeable future?
I don't get it. Can you explain?
thank you
The price put on the units is purposely high so they won't sell. The reason for putting them for sale at such a high price is to keep them in YOUR control so THEY CAN'T BE LOANED WITHOUT YOUR PERMISSION.
The shorts would have to purchase those units at full price to sell them into the market right away, pocket the money and cover later at a much lower price. The catch is, who will purchase those high priced units so they can complete the cycle???