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Re: Homebrew post# 11392

Wednesday, 11/28/2018 3:53:39 PM

Wednesday, November 28, 2018 3:53:39 PM

Post# of 12427
That is the same link that I posted,
Shorts only Borrow the shares. those shares were NOT sold, therefore they don't have to be bought back they are returned and the lender (broker) who gets a fee for the loan. The actual owner of the shares gets nothing and in most cases doesn't know his shares are being borrowed.
By locking your shares in at a set price you stop the shares from being borrowed. I guess the worst that can happen is the Share Price reaches you locked price and they get sold, but then you'd win anyway.