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Re: danross70 post# 3460

Tuesday, 03/04/2014 8:40:50 AM

Tuesday, March 04, 2014 8:40:50 AM

Post# of 3756
Shorts paying 10%, wow, last year I was only getting 5%. Shares must really be hard to come by for the shorts.

I'm not loaning my shares any more. Fidelity was loaning out every OTC stock I held. This caused a problem for me when I wanted to sell one of the loaned stocks and buy something else the same day.

The shorts love shorting OTC stocks and can't find enough to borrow from the brokerages mutual funds. For larger cap stocks, on higher exchanges, Fidelity and others have plenty of shares in their mutual funds to loan to the shorts.

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