Bombardier Inc. T.BBD.A

Technicalities & markets realities........

[Acuras1]

About "naked" shorting and the beast it sounds like. How can this happen in the open with little to no regulation (or what appears none at times). Think about how much capital one needs to seriously move the stock down, nearly at will. What if your trader friends go along with you? Here are some thoughts:

You know that hundreds of millions of dollars of retail client shares sit in retail brokerages accounts across the country. Ever notice on your brokerage statements that the shares you own in any company can legally be "borrowed" by the house from clients to serve their institutional "needs"?

All the big players / traders need to do to legally short any given stock in quantity is to have access to a stock position of similar or larger size (whithin the house) than the amount of shares they want to short. 

So in the end, they can flush the stock around, sometimes at will. In a really bad market the traders even need to hold back because the "manipulation" would become too obvious. 

GLTA

[Luckyeleven]

Whatever goes on will continue to go on and it's not only specific to the bomber. Everything has taken a hit and obviously the ones with quetionable balance sheets will get hti harder. This whole naked shorting thing is all a waste of time and folks looking for excuses for the drop. A couple of months ago when the markets were rbounding and bomber was gaining nobody was complaing or bringing

[clubhouse19]

Acuras   Not too sure what has changed, but the houses, no matter what can borrow shares that you have on margin.  Brokers are to hold your shares in trust except those you bought on margin which may be borrwed at will.  They should be borrowing from their own holdings and if not can borrow from other houses and pay a borrowing fee. Not sure what has changed in terms of this but

[clubhouse19]

Forgot to say... To prevent the broker from using your shares, contrary to what i said . if you have a margin account , they can borrow any or all of your shares , Only with a cash account can you prevent that. What they do in the end , who knows ?

[Acuras1]

Not just margined shares =  I will add this with regard to shares held in trusts: the documentation gives the house the right / permission to borrow your shares in any cash and or margin account. Here's how it works: should you not want to "lend" your shares, you have to specifically sign out of the pool of shares held in trust by the firm.  GLTA

[clubhouse19]

Acuras From the IIROC ruling that I can see, the broker then needs to have a separate agreemnt with the client and that may very well be the case as it is likely hidden in some corner of the agreement. https://www.iiroc.ca/news-and-publications/notices-and-guidance/fully-paid-securities-lending Agreements The Dealer must sign a securities loan agreement directly with