Replies to post #22540 on Houmu Holdings Ltd (HOMU)

[Jeff Taitano]

This doesn't work with all brokers though. Some of them you actually have to tell them specifically not to use your shares. Placing them on a high order GTC doesn't work with TDA, not sure which others have the same policy.

[RCRanger03]

I'll put my 7M on sale at $1 why the heck not, I wouldn't be sad if it sold lol

[THall]

Locking shares up does not stop them from being borrowed. The only shares that can be borrowed are in a margin account. Less than 1% of traders use a margin account on these junk OTC stock. Most brokers won’t even allow a margin account for these piles of crap. Feel free to lock them up but it doesn’t do anything since market makers can’t borrow retail shares anyway from a cash account

[N00B90]

I keep mine at .05