InvestorsHub Logo

looneystocks

02/22/21 1:16 PM

#1014 RE: Liveingreenbay #1013

Thank you,

I thought the only people that could short your stock is the brokerage house you have your shares with...they could use your shares to short against...but other than that I did not think anyone else could short them...with these pinkies you have limit yourself to 20% of the sales for the day or you could very will get hit with illiquidity charges....they could make you do a force buy back where you could get whacked big time because the don't care what they buy you in at...literally can cause a short squeeze and you can get royally screwed....even then if the brokerage house sold more than 20% of the volume then they can get hit then they will pass that on to their customer on ratio basis of how much of your shares made up that illiquidity charges... pinkies are very dangerous to play with.... Some of the clearing houses started that several years back and now DTC has the same rule..... You can't win this in short term anymore...needs to be a long term play now...