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skitahoe

03/03/25 10:42 PM

#752356 RE: branster #752349

Sorry to disagree, but buying shares because someone's borrowing mine is no worse than a neutral position. Being able to stop them from borrowing when there is already a squeeze can help manipulate the shorts in the same manner they use to manipulate the market.

I've purchased roughly 60K shares with money obtained from others borrowing my shares. I doubt very much that if I hadn't lent shares others would have, I still have plenty of shares that haven't been borrowed, but could be. When I feel the time is right, I'll put in a sell order and shorts will need to find other shares. I feel no guilt in doing this.

I'm of the belief that we're constantly being manipulated by the MM's etc. Buying with their money and making them scramble to get shares at a time of my choosing is a positive IMHO. The only key is Fidelity permitting me to set a price I feel comfortable won't get me bought out. I do believe that there are other ways I can take the stock out of the program, but think it takes longer than simply put in a sale order.

Gary