InvestorsHub Logo
Followers 1
Posts 686
Boards Moderated 0
Alias Born 03/09/2017

Re: drobx post# 1806

Thursday, 03/07/2019 11:33:28 AM

Thursday, March 07, 2019 11:33:28 AM

Post# of 3517
On 2/14 I posted that Schwab had contacted me offering to borrow my shares so they could be lent to short sellers. At the time the rate they were offering me was around 5.5%. Well I did end up doing it. Since then the rate has been readjusted about every 3 days or so. At first if bobbed up and down 1/4% at a time, but in the last couple of days it has shot up to 9.5%. (In case it is not clear, I get paid interest daily at the stated annual rate.) I'm not sure whether to interpret this as a positive or negative for OSTK's prospects. It could represent either great confidence that the share price will fall, or desperation to keep a losing short position open. In contrast, I am being offered 2% for my shares in Eli Lilly.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent BYON News