Tor, help me to understand short selling beyond that. If Stockswap was to request the certificates for those particular 6000 shares, could he get them? My understanding is when someone shorts a stock, they are borrowing those shares to sell from a broker, who in turn is holding shares that belong to someone else. Am I correct? And what would happen if the original owner of those 6000 shares were to decide shortly after they were loaned for a short sale, that they wanted the certificates also?