Replies to post #61916 on Koil Energy Solutions Inc. (KLNG)

[xZx]

based on my own DD i'm of the opinion GTC orders don't limit short-selling. in any case, i doubt that's an issue here.

[10 bagger]

Dahlman bids and offers have nothing to do with the share being left in house.. Infact all Institutions require share delivery against payment before they even pay for the stock.. It does two things,, first it gives them control of money for a longer period for interest purposes.. Institutions have accounts at Brokerage Firms but these account are empty of funds.. The second reason that Institutions take delivery is because they control the stock and not the broker incase the broker fails.. Bear Sterns failed because of all the paper Institutions were trying to sell back to them on puts that were in effect.. Another reason Institutions take delivery is to do stock loan to brokers that cannot make delivery to other customers of stock that they bought.. Stock Loan is where it's really all about making money..If an institution owns for example 1000 shares of a $100.00 stock and a broker wanted to borrow it,, that broker must deposit $100,000.00 in the Institutions account plus any div. paid on the stock plus mark to the market checks along the way if the stock goes up.. This way a dead position earns interest and div for the Institution..hank