It free and stops SHORTS,
Place a GTC order 60 days for say 10.00 per share.
Once you have a Sell order for GTC 60 days, your stock
cannot be borrowed out to other firms for shorting.
Most people here don't realize behind the scenes their brokerage account folks placed their stock in a margin account,
then without asking you borrow your shares out to who ever wants to borrow them electronically to short to anyone buying them.
One way to stop this nonesense is to have a GTC order on file
then the firm cannot borrow those shares becuase they would be exposed to buying them back themselves if stock were bought out or something big happens.
It causes a SHORT Squeeze if everyone one on this board with 1million shares or more did that place a order for 10.00 per share GTC for 60 days your not going to be selling unless it went to 10.00 per share, it would force the shorts more scrambling to find shares to short.
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