Marker Therapeutics Inc (MRKR)

[attilathehunt]

I was curious about the lack of short shares available so I called Fidelity and spoke with them about 15 minutes.

Things I learned:

1) Fidelity has its own pool of shares available. When that reaches zero that is when you see the note to call them if you are still interested in shorting. They can find other shares available (through other brokers) if need be.

2) Shares can be shorted in one account and long in another account (or long and short in the same account) and still be considered short. It happens all the time and is very common.

3) Shorts do hedge with options. Thought so.

4) I found this point interesting. I asked if warrant holders short knowing if stock runs they can exercise the warrants to cover the short. Fidelity said this is very unlikely, if the need to cover a short needs to happen, going through the process of exercising warrants will not be timely enough to meet the need of the short call.

5) Interest rates. The Rep was not surprised at the 48%. He has seen higher. 99% is the highest he seen.

FWIW.