Fortress Financial Group fka FFGO

[WhatDoesItAllMean]

Brokerage. When there is a normal (and legal) short sale shares still have to be delivered to the buyer. The selling company first looks to their own clients to see who has the shares. They are lent from the client who has the shares (and has no knowledge their shares are being hypothecated) to the client making the short sale. When a brokerage account is opened it states in the contract your shares may be hypothecated. Usually no one pays attention to this and it is legitimate. If there aren't in house shares the brokerage firm goes to the Street to get shares.