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Re: Magnum7419 post# 7065

Monday, 09/12/2016 10:00:31 AM

Monday, September 12, 2016 10:00:31 AM

Post# of 65773
More gross inaccuracy:

IMHO if one owns millions of shares in a margin account, set a sale AON at 1.00 so broker cannot lend your shares......



^This is complete and utter nonsense. It simply doesn't work that way.

Brokers can offer to pay clients a percentage for their willingness to borrow-out shares, but that doesn't detract from the fact that this comment is totally off base.

Where does this nonsense come from?