News Focus
News Focus
icon url

drwright68

01/27/12 3:53 PM

#23179 RE: MrMajik55 #23142

They have x amount of time to deliver them, or if they are also on a margin agreement...they stay floated...lol
icon url

Howzitgoing

01/27/12 4:08 PM

#23234 RE: MrMajik55 #23142

Re: What happens ...

Yep, Doc gave you the right answer, but it might be kinda entertaining to ask your broker the same question. Might, um, have to refresh his memory about the term.

Anyway, here's a little, real-life drama involving shares borrowed from an eTrade account. Note the Shrt/Cvr designation in the screen cap. You might have to follow the thread to put it into context.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65612502&txt2find=etrade|shorts