Replies to post #102517 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[penny_foolish]

Doesn't really affect the NSS situation - if you believe there is an NSS on this one.

[sunshinevibrations]

This is not true. Everyone should check with their own broker to confirm, of course, but the only way to prevent the borrowing of your shares for shorting is to keep them in a cash account. If they're in a margin account, they can be borrowed, no matter what kind of order you might have for them.

It's in the best interests of the shorts to keep propagating this myth, because if all you do is put a high sell order on your shares, they'll still be able to use them for shorting.

[weNeedsProfit]

I am quite new could you explain that a little better about putting in sell orders, would there be any other factors besides shares not being borrowed. And do sell orders ever get bought when your ask is much higher than actual price. And thanks to everone else for all the help got in this morn 0.1233 looks to good bought and forgot till fall minimum