Schwab wants me to loan out my shares. Got a letter from them this week offering me 4% with the ability to sell at any time.
The timing of this is interesting. Does this have something to do with any naked short selling that has occurred? I am surprised they are even asking since I thought that my shares were open to being shorted anyways.
As a die hard long, I am emotionally torn about this. On one hand, I don't want to give the shorts any advantage or opportunity, but, on the other hand, why not get an extra 4% while I hold for the eventual return from Biosante's tremendous testosterone and cancer vaccine portfolios?
Thoughts?
