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Saturday, August 25, 2012 1:22:20 AM
When we start making moves, the shorters will be looking for "borrows". If some of the posters who are holding large positions do this, then we can keep this stock moving in the right direction as fewer shares will be available to short.
Your own broker, if approached, WILL sell your own shares that they hold on your behalf as a nominee account.
There are two things you can do, the first is to certificate them, and take physical custody of them. This is not to
everyone’s advantage, but the alternative is simple. Phone your broker and place a resting open order away from the market. Open orders cannot be loaned out by your broker and by doing this you are reducing the amount of shares that can be used for shorting purposes. We might as well try to keep our own shares from being used against us in a short attack.
I do not think that this works with margin accounts.
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