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Re: sentiment_stocks post# 229539

Tuesday, 05/28/2019 9:06:01 PM

Tuesday, May 28, 2019 9:06:01 PM

Post# of 699727
Thanks much Senti ! That's interesting. This is the Bloomberg piece today that got me thinking:

https://www.bloomberg.com/news/articles/2019-05-28/uber-bears-already-snapped-up-70-of-shares-available-to-short?srnd=premium

"The potential pain to come can be seen in the cost of borrowing shares of its competitor, Lyft Inc. With more than 80% of Lyft’s lendable stock out on loan, the cost to borrow shares for new shorts hovers near 35% on an annualized basis, IHS Markit data show. That compares to somewhere between 1% and 2% for Uber, though its free float is about 5.5 times larger, which accounts for part of the difference. The borrow cost for Apple Inc. and Alphabet Inc. is about 0.25% to 0.5%."

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