Replies to post #39746 on Discovery Minerals LTD (DSCR)

[Agy80]

I have been doing that, I did not do it today until the last hour of trading. I will start doing it every morning. What can it hurt.

[MaxPowerLove$Ihub]

"I've been told that putting your shares up at the max amount allowed prevents your brokerage from borrowing your shares and shorting the position themselves. "

I hope it will be true~ I used to believe the same thing~ :)

Only half true~ Have been hearing that for a decade now~ Scotturd would only allow one to set limit sell order 4x current PPS~ (there's a big reason behind that)~ Eturd (has a doc. which u could sign & request them not to lend out your stocks...sadly, it's still not & will not be effective. Why? From my experiences~ if u have a margin acc. with them, then they could take whatever u have n lend it out (to MMs, brokers, etc)~

POS NITE has been shorting DSCR ~ Furthermore, there are 2-3 (sometime, we have 2 MMs n sometime we have 3 MMs supporting the master) helping master NITE~ Generally, Scottrade would use SOB MM-NITE to carry out buy/sell order~


- Go DSCR