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Zuess421

05/12/20 11:05 PM

#77575 RE: Chuckles759 #77570

If you have your shares in a margin acct then they can loan out your shares. If they are in a non margin acct then they cannot as far as I know.

JA2626

05/12/20 11:12 PM

#77576 RE: Chuckles759 #77570

That's interesting ...I have a sell order in for $ 90.00 thsat expires in
JULY......then all I have to do is redo it ...I am at schwabby

Evil Rabbit

05/12/20 11:26 PM

#77580 RE: Chuckles759 #77570

I’d switch to Schwab for that reason alone. I have a GTC set for my shares at $100.

LeronDreams

05/13/20 1:01 AM

#77591 RE: Chuckles759 #77570

I have my shares at Interactive Brokers at $200/share, Fidelity I believe only allowed $7.50 so I did not do it there. $7.50 to low for my taste.

Black-Ops

05/13/20 12:33 PM

#77711 RE: Chuckles759 #77570

OK, instruct the broker to move your shares from the Margin account to the Cash account.

50 years ago if a security was on the cash side, the broker could not loan the shares to any firm for any reason

If its in a margin account, they can.

I hope you have zero debit balance

that's investor rule #1; never borrow on stock, NEVER

If you do your account is vulnerable to a short attack. You get a killer margin call. I have seen it all, don't use margin. Repeat