B Prot...I am intrigued by your post. If you place a GTC order to sell at a ridiculously high price does that truly lock-up your shares so that your broker cannot borrow them for shorting?
Nice idea. I haven't seen it proposed before. I have seen investors convert their shares into certificates to take them out of the float, but not GTC sell orders.
Of course if naked shorting is ongoing, then nothing will protect us, but if the shorting is conducted legitimately, it would seem like this might work.
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