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Re: wileycoyoteee post# 4409

Monday, 08/09/2010 12:02:46 PM

Monday, August 09, 2010 12:02:46 PM

Post# of 72584
brokers are not willing to loan out all of their listings of stock. Generally brokers prefer to allow stocks of $5.00 and above to be borrowed. If brokers receive requests from clients to borrow a stock that they do not have an inventory of, or are not willing to loan out to their customers themselves, they will go through a stock loan firm, which will generally charge a high interest rate of 17% and upwards and will pass that fee on to their clients.