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Re: cjstocksup post# 139782

Sunday, 03/21/2021 5:16:48 PM

Sunday, March 21, 2021 5:16:48 PM

Post# of 221122
You can't 'lock up shares' by putting them up for sale. That makes them eligible for MM's to 'borrow'. The ONLY way to lock your shares is to not put them up for sale. They can't raid your privately held shares.
Why is it that so many don't understand this? Let's see, I'll put my nsav share up for sale at $100 a share so no one will buy them. You're right - no one will buy them, but MM's will use them to make trades because they are UP FOR SALE, making them legal to short. All they have to do is replace the shares, not BUY them at some ridiculous price. And that is exactly what MM's do. That is their business model.