Post by
PaulMcGee on Jul 20, 2018 11:51am
Brokerages Not allowing Shorting on GTEC HOLDINGS
I'm with ScotiaItrade and I heard about Qtrade not allowing shorting, and i figured I find out about ScotiaItrade. They too, no longer allow shorting for GTECHOLDINGS because they see it as a risk. The house doesn't want to bet agints the odds. True facts! I called Qtrade @ 1.877.787.2330 @ qtrdae.ca and confirmed, they too no longer accept short trades on GTEC Holdings. SO, IF NO ONE CAN SHORT A STOCK, THAT MEANS THERES GOING TO BE BUYING PRESSURE! WATCH OUT AMIGOSk, ITS GOING UP!!
I SUGGEST AND DARE THOSE TO CALL THE ABOVE NUMBER TO CONFIRM POST.
Comment by
MoeMoney101 on Jul 20, 2018 11:54am
Brokerages see this as a risk, hence why they more brokerages are not allowing it. This will be good for the SP in the short to long term.