InvestorsHub Logo

ForTheWin

12/26/13 3:08 PM

#9578 RE: TraderGash #9577

Still...if a dividend is paid on the borrowed shares, won't you be on the hook for that?

Allow me to try to spread some light on the misinformation you posted. Before MDBX announced its dividend consisting of restricted shares, I had a 1,000 share short position in MDBX. My brokerage account with Interactive Brokers, an institutional and retail brokerage which offers the possibility of shorting any equity for which borrows can be located, still shows that I have a 1,000 share short position. I did not get "called in" and I did not take a huge bath. My short position remains quite profitable, thank you very much.