InvestorsHub Logo
icon url

oddone33320

06/29/21 10:06 AM

#72030 RE: pochemunyet #72028

Is this the general consensus? If it is, I'd be happy to lock mine up every day in this fashion.
icon url

Oleblue

06/29/21 10:07 AM

#72032 RE: pochemunyet #72028

That is my understanding as well.
icon url

sqrl

06/29/21 10:07 AM

#72033 RE: pochemunyet #72028

Urban myth and not true. Margin accounts automatically give clearing firms authority to lend out your shares. Cash accounts do not. They will send you a letter requesting to borrow your shares in your cash account for their loan department when they see demand for borrowing your shares from the shorts. You can always reject their request (if in cash account). The way WS works though they probably have found a way around the "letter" requirement
icon url

th6565

06/29/21 10:08 AM

#72034 RE: pochemunyet #72028

Thanks, I will do so right away, set the price higher so won’t be taken away.