RE:RE:Shortingteheran10 wrote: so for example you have your shares right now and you did not put a sale order at i.e. $3, the shortes will 'borrow' your shares and sell them at $1.50. Then, when the share price goes to $1.40 they buy the same amount of shares and 'give it back to you'. So they make .10/share.
This is the simplest way to explain it.
Place a sale order on your shares, $10 for now for max time - 20 days for me, and then renew the same routine. That way the Shorters cannot borrow your shares as they are already locked in your sale order.
OK so if I put in an order @$40 for my shares then they can't borrow my shares to short? ok then $40 it is,,,,,so if everyone who owns shares puts them for sale they can't short? then again I doubt that Peter has a sell order on his shares lol, so lots available to short I guess