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Wednesday, August 12, 2015 9:14:54 AM
I know we retail holders of CTIX stock are small fish in this large pond. However, if a large enough group locks up their shares with their brokers, we can keep our shares from being borrowed and shorted. Then the the only option they will have available to can continue to short the stock would be via a "naked" short, which is supposedly illegal.
It's a very simple process. You put a "good till cancel" SELL order on all of your shares with a very high price. like $300/share for example. Then your shares CANNOT be borrowed.
Even though this may seem trite, anything we can do to make it more difficult for the shorters might give us LONGS a sense of doing something, to stem the tide, until our science takes over.
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