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underdog150

08/18/20 3:50 PM

#168870 RE: Cody6 #168868

Not investing in scams like VERB is a start.
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How do you keep your shares from being borrowed for naked shorting

TenKay

08/18/20 4:03 PM

#168872 RE: Cody6 #168868

“How do you keep your shares from being borrowed for naked shorting?“

If shares are being “borrowed” then it is not a naked short.

Cody6

08/18/20 4:05 PM

#168873 RE: Cody6 #168868

Not helpful, but thanks for playing :-)

jobynimble

08/18/20 4:23 PM

#168875 RE: Cody6 #168868

How can shares be naked shorted if there’s a borrow against it? Tell your broker you don’t want your shares lent out...

JR30

08/18/20 4:48 PM

#168876 RE: Cody6 #168868

Cody6,
I'm assuming you are referring to keeping your shares from being borrowed by shorts. If you have a margin account, you would want to set a
very high sell price for your shares. An example would be $1,000 per share if it will let you do that. Another way is to only buy shares in a cash account (no margin). Only in margin accounts are your shares susceptible to being borrowed.