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Re: FUBAR post# 17506

Wednesday, 04/26/2017 12:20:33 AM

Wednesday, April 26, 2017 12:20:33 AM

Post# of 43557
If you have a cash account, your shares are locked up automatically. Brokers cannot legally allow shorting of shares in cash accounts.

It's a myth that you can lock up shares with a high sell order BUT you can request a Loan Exempt Restriction form from your broker which when filed prevents your shares in a margin account from being shorted. A GTC sell order alone will not lock them up.

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