RE:RE:RE:Short Position 23% Now, Ribbon Cutting Ceremony This Week?So Johnny,
I have been investing for over 50 years, never have I had my brokerage ask for permission to lend my shares out, its in the fine print that they can.
Now it is clear you see this going to zero and rightly so based on facts but why would you not take the cash to lend out your shares considering you feel this is going to zero??
On the flip side you state your broker is offering you crazy money to borrow your shares to lend to shorters.
My experience the short borrow rate is based on risk and availability of shares, if your broker is offering you insane money to lend your shares out, would that not suggest their is high risk to the person borrowing that markets feel the short position is risky. I think you would agree based on your comments and several others on this board that not question of if this goes to bankruptcy but when it does!
Now I do not have a crystal ball and no idea what the future of Exro will be and would agree that the cards are stacked against them.
JohnnyUtah44 wrote: bb888...I have said since the beginning of this reverse merger that Sea was playing a long game for Them, and not Exro shareholders ......moo.
....this is one of.the reasons you never see tony, he has been pulling the puppet strings above the show.....clueless sue and Darrel are just going along.......moo.
.....last 2 weeks, my broker called begging for me to loan out my shares for a ridiculous rate !!!!
...Tax loss season is close, and this will get very ugly...mo.
..23% came from another board, that is why I put a ??? At the end....moo.
....I will be back next weekend, I have a bunch of puts and shorted the markets this week....money to be made on US markets for sure....moo!!
....good luck with this pig of a stock...nasdaq....LMAO...it's all in the end game.now.....moo....I really don't care anymore... GLTA...