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investor_2009

02/22/10 8:59 AM

#9178 RE: Daisy27 #9169

But Daisy is it common to NOT deliver short shares? Wont the brokerage houses keep pounding them with interest on margin money? They may not have to deliver if the price remains around 1 or falls. But what if it rises.. wont they have to cover? Not that they HAVE to, but just to limit their losses? And if they dont, eventually brokers would make the margin calls.
Also the stock actually dissapearing must be a very very rare situation. I just dont know this whole game, but I doubt that a company, which is actually doing some business and has a plan, the stock dissapears because they shorts played it so.
But, what do I know ..
Do yu have access to any 'short' websites Daisy. As a group I dont know if any one of us that kind of access .. do we?
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maone15

02/22/10 10:01 AM

#9221 RE: Daisy27 #9169

In response to Daisy27 "What if no delivery of those short shares ever takes place?"

possible.

But not likely when you have a company like Skymark with their subscribers in a stock.

If that were to happen Skymark would likely pressure the SEC to get involved: since their reputation relies on TSHO doing well.