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SANDRA11

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SANDRA11

Re: None

Sunday, 08/29/2021 9:24:52 PM

Sunday, August 29, 2021 9:24:52 PM

Post# of 6308
Here is what is going to happen here.
GOOD! I HOPE COCM IS SUSPENDED! LOOKIE HERE...

Quote:In this circumstance the short seller is often unable to cover, but is still liable for fees, including hard-to-borrow charges than can spike upon suspension. These are charged at the last trade price of the stock—or $1 if that is more—which can be far more than the value of the stock.


Let the run begin.

https://www.quora.com/What-happens-when-youre-shorting-a-stock-and-it-gets-halted-by-the-SEC-Would-there-ever-be-a-situation-where-your-broker-needs-you-to-cover-but-you-cant
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