InvestorsHub Logo

redspinelpinktopaz

12/15/23 3:15 PM

#171940 RE: microchips #171939

You are absolutely right. But if it is a 22.3 million share short-hedge. They just deliver there is no "share buy"

Lewrock

12/15/23 3:39 PM

#171947 RE: microchips #171939

If I am long 1,000,000 shares at my account at Schwab and short 1,000,000 shares at RBC, I can’t lose money on the stock fluctuations, however if the cost to borrow is .25% on a $5,000,000 loan, if will lose $34.25 per day. What a brilliant strategy!