Replies to post #17156 on Zeev's Turnips Patch-No Politics (ZEEV)

[BullDawg]

That's exactly why shares in retail margin accounts are shortable. Because the "boyz" are greedy bastards.

[jordan]

<<...you go short, we can use this money to earning interest on it.>>


Larry,

While it is true that one can earn interest the cash proceeds from a short sale, it is mostly offset by the interest (think of it as rent) charged for the borrowing of the stock that is sold short.

All the best,
Jordan