InvestorsHub Logo
icon url

GOODINVESTBELGIUM

04/02/14 12:29 PM

#7142 RE: Nome44 #7140

i got 250k locked at 0.2, 145k locked 0.1 and 50k locked at 0.099
Then my long term shares an other 550 i got locked at 1$
icon url

buckylaw06

04/02/14 12:32 PM

#7143 RE: Nome44 #7140

I assume you mean so others cannot borrow your stocks to short? From what I read, it is largely a myth that listing your owned shares will prevent them being loaned out by your broker. However, the brokers can only lend shares that are held in margin accounts. If you have them in cash/IRA accounts (as I do), they're automaticaly locked up.
Here's the source:
http://beta.fool.com/beatlesforever/2012/06/04/shortlending/5274/?ticker=ARNA&source=eogyholnk0000001