Replies to post #82540 on Blum Holdings Inc (BLMH)

[bigdog121]

I'm pretty sure that's correct Boris borrowing shares against your Margin Account is the only way I believe… low interest loan against the borrowed shares is how it would go. Not valid with a Cash Account.

[Cbdpotential]

I have been told that as well.

[Fallingknife75]

You are correct Borris, shorts cannot borrow from cash accounts.

Per the SEC website:

"Brokerage firms typically lend stock to customers who engage in short sales, using the firm’s own inventory, the margin account of another of the firm’s customers, or another lender."

Appropriate link:

http://www.sec.gov/answers/shortsale.htm

GLTA,

Knife

TRTC