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exwannabe

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exwannabe

Re: mugs57 post# 690090

Thursday, 05/09/2024 3:23:32 PM

Thursday, May 09, 2024 3:23:32 PM

Post# of 693711
The "use GTC order to prevent shares from being loaned" concept is urban legend.

If you are borrowing from a broker (via margin) they have the right to use the collateral as they wish. You signed the same agreement that anybody with shares in a margin account did.

If you are not doing so, they can not lend your shares out (unless they ask you to).

The GTC order matters nothing in either case.
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