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Alias Born | 03/03/2021 |
Thursday, September 16, 2021 10:01:12 AM
On twits, they mention this cannot be shorted for 30 days. NOT TRUE.
The 30 day rule says this
"the underwriters of the IPO are not allowed to lend out shares for a short sale for 30 days. On the other hand, institutional and retail investors can lend out their shares to investors who want to short them."
So, if someone says 'darn 30 days short rule', THEY are the underwitter saying that, because the 30 rule only applies to them. not tute's or individuals.
The Shorts want to lull you to sleep thinking your money is safe for 30 days, they will attack when you sleep...nasty bastards. IMHO.
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