Gatekeeper Systems Inc V.GSI

Shorting, and the days activity

[ramman1]

I could very well be wrong, ------However:  I was told years ago, that shares cannot be shorted,IF they are active, ''meaning'' , every month I put an order in to sell 912000, at $1.75, for 30 days. As long as the order is in ,those inplay shares of mine cannot be shorted.--I could be mistaken , but thats what I have been led to believe. -------  Yes, On the subject of todays trading, as Ottawa says:''just going into the hands of more longer term players'', actually quite healthy.---And like a mouse returning to the ole breadbox, I picked up another 2000 under .80 .---GLTA

[Ciao]

That is my understanding as well. Your shares cannot be "borrowed" if you have an order to sell or have the share certificates in your name (ie. actual certificates in your hands,  not in street name).

[Aarman4]

From my understanding and research, that is a myth. Cheers

[Ciao]

Here's a link, perhaps a myth if no one follows the rules (except if not in street name) https://www.contracts-for-difference.com/borrowing-lending-shares.html

[ol_griz]

I remember a discussion about naked shorting on one of my boards several years ago in which it was posited that the Canadian SEC thought banning it was ideal but couldn't because it was instituted in the U.S. and until they do it ... Very convenient.  Of course, one hand washes the other.