InvestorsHub Logo
Followers 1
Posts 185
Boards Moderated 0
Alias Born 05/28/2010

Re: JimBoStevens post# 37405

Wednesday, 12/08/2010 2:40:20 PM

Wednesday, December 08, 2010 2:40:20 PM

Post# of 47790
What confuses me a little is the covering of all those short orders.... I mean this has building up for a while now. If holding shares, and stacking your limit orders with your account, can the MM's still borrow on 30 day or 60 day sell orders?

I am just saying that it seems like the ask can "be slapped" by enough people stacking their limit orders high enough right? Almost like an exit strategy used for several thousand shares that may have been purchase at different times/prices.