GT Gold Corp. GTGDF

Had to be short covering ( buy in style--mkt!! )

[justasmuck]

Offer your stock as high as you can and we will squeeze a little harder..

You wont lose it, if the stock halts the order is cxld..

for real its worked many times.

its called a squeeze and q-trade and the discounters cant lend your stock ( at interest ) if its for sale

[sanddevil]

Just put mine for sale at $5.      Lock up your shares .....  SD

[Itssimple]

Mine locked up at $4.50

[Albertan22]

I don't think things work like this -- it wouldn't make any sense.  I don't know how shorting works, but this would cause chaos.  Suppose your brokerage sold your shares as shorts to someone else, and then you lock them up by selling at an excessive price -- do they now have to buy them back?  Does the person who bought short have to wake up every morning wondering if

[sanddevil]

Yes and no.    Yes, it works and yes you can be called to cover your short.   Shares must be available to borrow to short.   However, enough retail investors have to do this to make a difference.   So if insiders and institutions do not, and they represent majority of shareholders, then it may have little to no effect.  SD

[justasmuck]

yes thats why its a short squeeze.. If your stock is in a margin account, your broker/banker has the ability to make money by lending them out. ( u dont see a dime ) if u move stock to cash account or have it offered they automatically have to call back the lend. They are not in biz to do shorts.. ( i think securities law as well )  check out borrowing costs on interactive or questrade