Savvy Trades and Investments

[researcher59]

DRCT +1.62 to 11.94, any interest in shorting ? IB currently has 39k shares available at a borrow rate of 135%. Yes, an extremely high borrow rate, but that's still less than 3% per week and if you expect an imminent sharp correction in the stock it would be well worth borrowing .... of course the stock could continue to trend higher and cause your borrowing costs to rise accordingly. Ouch.

I'm staying on the sidelines and am not interested in shorting. Too risky for me even if the borrow rate was much lower.

UUU had a 1% per week borrow rate but fell 50% in less than 3 weeks, so was well worth borrowing !