InvestorsHub Logo
Post# of 122501
Next 10
Followers 118
Posts 9946
Boards Moderated 1
Alias Born 09/21/2016

Re: NoMoDo post# 121427

Tuesday, 02/27/2024 11:51:52 AM

Tuesday, February 27, 2024 11:51:52 AM

Post# of 122501
No I didn't...... I showed the costs and fees via Interactive Brokers. There was never a $2.5 minimal. That number would come from other brokers.

Individuals can not get their head around what the short interest is that they see on this ticker. It is this:

Market-making. Short-selling allows a market-maker to continuously quote prices for securities that he does not hold in inventory. If an investor buys one of these securities, the market-maker can be sure of being able to deliver, because he knows he can borrow it if he is unable or unwilling to immediately buy that security from someone else in the market. The liquidity thus provided reduces risk for investors by allowing them to buy on demand, which in turn reduces the cost of borrowing for issuers. Several debt management agencies offer special repo or securities lending facilities to market-makers to allow them to borrow whenever the available supply in the market is inadequate.



https://www.icmagroup.org/market-practice-and-regulatory-policy/repo-and-collateral-markets/icma-ercc-publications/frequently-asked-questions-on-repo/30-what-is-short-selling-and-what-is-the-role-of-repo/

If this equity was around $1 .... yeah it's getting shorted. Not now...it's impossible.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent HMBL News