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Re: dshade post# 16246

Friday, 01/16/2015 5:53:49 PM

Friday, January 16, 2015 5:53:49 PM

Post# of 115051
On the subject of short sellers, know this.
If you are an owner of ecsl shares - or shares of any other company - you can make it a lot more difficult for the shorters as some regulars on this board are well aware.
If the shares you own are in a margin account, direct your broker first thing tuesday to remove them from being on margin and therefore shortable by others, and have them switched to the cash portion of your account. If the world was completely fair, and those shares were held short by another investor, he/she would have to buy back/cover those shares, and that would presumably put upward pressure on the stock and enhance any short squeeze that might materialize, say on tuesday morning.
I am happy to read that at least some brokers are actually asking for shares to borrow as opposed to allowing naked shorting to go on within their purvey.