RE:12.5 million shares are currently shortsoundandfury wrote: It costs $260,000.00 per year to short 12.5 million sgy shares. Those same shares pay $1,000,000.00 per year dividend. Assumeing those 12.5 million shares are not naked shorts...........this means the owner gets 7% and the lender gets 2..5%........you can see that the financial institution that lent out the stock makes 2.5% for nothing more than lending out the shares.....a proprietory bank could be long 12.5 million and also short 12.5 million for a total return of 9.5 % absolutely risk free........pretty juicy return if the stock never moves more then .10 .....imho
Good analysis Soundandfury,
I wonder why the regulators don’t put a stop to this big money manipulation. The Banksters need to be more vigilant and expose this harmful unethical practice.
The Banksters have to be part of this market Manipulation.
INMHO.