Replies to post #26941 on Rising Biosciences Inc (RBII)

[TattooedTraderFry]

I don't get that if I own shares how can someone else do anything with them that makes no sense at all i buy shares but there not my shares ,not makeing any scence to me

[MikeKnowsRunners]

I understand. Margin account can be lent except if open sell orders are pending. Cash accounts cannot be lended out.

[reef_heart]

Put your long term hold shares into a Cash Only account. Shares cannot be lent from there.

[Kmorin]

Loaned shares can only come from margin accounts. Typically when you open a margin account there is in the fine print a clause that allows your broker to loan your shares. You receive nothing for this but also have no risk.

[maverick81]

Margin account. Your shares can be lent.

But putting a sell order on your shares does lock them up and prevent them from being borrowed.

Mav

[WALL STREET KID]

They both can be borrowed for shorting RSII however if they were bought on Margin your broker does not need permission to lend those RSII shares as opposed to a cash account they do

Doesn't work that way. Margin account or cash account determine if shares can be lent (I forget which is which though)

Pre Quote:EVERYONE should put 60 day open sell orders for 1$ on all shares! This way your broker cannot lend your shares out to shorters !!