Post by
Bigpaulbunyon on Nov 27, 2016 7:09pm
Maybe we should try this
Saw this on canopy site can it work for us ??
I was reading that for us, long term beleivers, it would be to our advantage to put a sell order for a high amount (like 20$ or even 40$) and revise this high amount as the stock go up in price. this to prevent shortsellers and other bottom feeders from 'borrowing' our stock...what does that means? i know that short sellers sell a share that they have not bought yet in the hope that the price goes down, to the point that they knock down those who have put stop sells in case the price goes down and this has a very bad effect on the stock price and may explain part of the volatility of the stock price.
Comment by
killabear on Nov 27, 2016 9:31pm
I already have that done for my shares. I placed sell till canceled at $10, in this case my shares are locked and cant be borrowed by short sellers. If many longs do that there will be less and less shares to short.
Comment by
Rookie89 on Nov 29, 2016 4:52am
I am doing that today, just hate shorts