Elite Pharmaceuticals Inc (ELTP): On IRA accounts it is unnecessary as the...

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Re: inveterate post# 96290

Tuesday, 03/11/2014 2:29:08 PM

Tuesday, March 11, 2014 2:29:08 PM

On IRA accounts it is unnecessary as the broker cannot borrow these shares. On non-margin accts the broker cannot borrow your shares to short. On margin accts the broker has unlimited access to your shares for loaning purposes, You may want to ask your broker if placing your shares on a high sell order stops their access to them.

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