RE:RE:RE:Oh boy!!!! There must be a demand to borrow shares depending on the stock thus the need to borrow because they need the inventory and thus make money when they lend it out for shorting or close out trades.
Are the authorities looking into failed trades where they should have been all along.
I look at it as a good sign that the bank is looking for shares meaning not many available. Are they starting to crack down on prolific naked shorting...??
I doubt it...But again, it's obvious they are looking for shares rather than cash to borrow.. why else would they just give 2% when you can get much more even on a cashable GIC.
Noredneck wrote: I have margin & cash account and they seem to give that 2% on any type of account & investment (your full portfolio)t hat I have have if you signed an agreement. I told them that all my shares will be on ask today (no exception) and will follow everyday the SP. Do not trust any bank even if they told me my shares will not be for sale...I am like you that 2% promotion interest deal was not something that I enjoyed to see.