GREY:RNKLF - Post by User
Comment by
ricardo135on Sep 17, 2018 2:58pm
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Post# 28634331
RE:RE:All Owners of RNX-T Should Cover Their Shares
RE:RE:All Owners of RNX-T Should Cover Their SharesGeodan2 wrote: Hi Ricardo, I have talked to Interactive Brokers on this issue. And they say it has no effect, they only time shares are withdrawn from shortable is when you sell it. Orders have no effect.
And they clim and Fid, Etrade also claim that the shares are not shortable unless the customer signs up for it (I do) I make about $60 a day lending out my stock. Not RNKLF, wish they would borrow it, but has not happened yet. As I would get 30% interest a year, paid daily.
Let the shorts borrow, they have been and will continue to be killed by doing so, and then at some point a short squeeze can develop like happend in VW which made the stock go up 5 times.
Do call you broker and ask them about this. In last week RNKLF has had a big short position and it has 4 bagged. They can not undo the news. They may hire some bashers to come here and bash, that is about it, when you have real news like we have.
Cheers
Thanks Geodan2. I prefer to have mine up for sale at way high price in case it gets gobbled up. Never know when a halt will come and your sale is locked in. Mine are for sale 2 times,,, High and Higher :-) JMO GLA Cheers