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Alias Born 12/03/2016

Re: None

Monday, 06/21/2021 6:55:54 PM

Monday, June 21, 2021 6:55:54 PM

Post# of 7933
setting limit orders to $25 will cause brokers to be unable to lend shares to shorts because they do not want to assume the risk from the price being too close to the ask. If you set your limit to $100 then the broker will lend your shares to shorts to sell against you driving the price down. The only way to combat this is by setting a limit order close to the ask such as $25. Gradually move your limit order up as the price increases just far enough away that it does not get triggered but close enough so that brokers will not lend out your shares.
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