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Re: Bud Powell post# 68899

Wednesday, 07/20/2016 6:52:38 PM

Wednesday, July 20, 2016 6:52:38 PM

Post# of 458512
OK, great. So we know now that a rising cost to borrow shares does not necessarily mean that shares are being shorted.

Longs may reserve shares as well if they want to protect their position while holding their shares for long term capital gains.

Currently, the cost to borrow AVXL shares is 48.25%. To reserve $50,000 worth would cost $462.67 a week.

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