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Thursday, March 22, 2018 5:04:54 PM
feel differently? back it up and lets see that short-
go borrow RJDG shares for $2.50 each share or 100% of the total borrowed share price - whichever cost is GREATER.
now go sell short 100k of RJDG borrowed from IB, guaranteed on your own cash in the IB account, because it is not marginable.
what is that going to cost you in fees son- $250k? whats your price target to buy and cover for a profit?
ok lets get even cuter and talk about naked selling through IB- which can be done but is illegal per SEC and IB can buy/cover your position fron under you at any time, so ensure no trade imbalances exist.
Should I keep "impressing" with my knowledge? (which is nothing more than facts on IB's website).
no magic rabbit holes here. take the blue pill Neo
Buy companies with cashflow, execution & undervalued mkt cap. Don't base knowledge on what someone said on a message board. Don't use stop losses- EVER. Lock your shares by placing GTC sell at high price, MMs & shorts cannot borrow them to affect price.
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