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brainlessone

05/06/09 10:48 AM

#622510 RE: brightness #622476

i dont know the reporting clearing rules:

why is this possible:

there is nothing proventing me from selling those same 1000 shares of XYZ

doesnt the broker of the borrowed shares, where the real shares are living, put a little sign on the account that says "borrowed"
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brainlessone

05/06/09 10:50 AM

#622511 RE: brightness #622476

on the other hand, you are completely right: you certainly could sell your own shares
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Mr. Bill

05/06/09 11:24 PM

#622579 RE: brightness #622476

That is nothing. Go try to figure how a stock with an OS of 11 and a float of 1 can have 138,000 shares traded in 4 days!

GVRP/MAMG