InvestorsHub Logo
Followers 42
Posts 8360
Boards Moderated 0
Alias Born 07/03/2007

Re: TREND1 post# 107459

Wednesday, 05/29/2019 1:37:17 PM

Wednesday, May 29, 2019 1:37:17 PM

Post# of 128687
you have no idea. my last time. the shares loaned out are collateralized by very large banks. IE bank of America. In order for me to completely loose my shares the first thing that would need to happen is Fidelity goes bankrupt. When this happens the bank that has my shares collateralized would then give me an equal amount of cash to purchase the shares back in the open market. my shares would not be considered long and would have to wait 12 months for them to be considered long. The money is already there from the bank as collateral. That is the only risk! Which in my opinion is no risk at all. I think somebody is Jealy that folks are getting easy money on a monthly basis and once again were way ahead of the education game.