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Re: OTC Scam Hunter post# 34727

Wednesday, 02/14/2018 11:10:06 AM

Wednesday, February 14, 2018 11:10:06 AM

Post# of 73578
Read this in another board and thought it would be pertinent here.

When the stock has a sell order placed on it the shares can not be loaned out for shorting. This prevents your broker from loaning them out (at a cost they profit from) to traders looking to short the stock.

If you do not do this you are shooting yourself in both feet as your shares your broker is holding for you are used against your position.