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Post by babaoriley on Aug 20, 2016 15:02:25 GMT -5
I just noticed that Fidelity is down to paying 9% to those who lend their shares. Seems to be the lowest I can recall since I became an investor in mnkd in 2009. Anyone have any thoughts about this? Couple months back Fidelity was paying as much as 53%. First of all, get the hell away from the computer and enjoy your weekend, I'm stuck at work, so I truly have nothing better to do (for those who may be horrified, I'm self employed, so there are no employers being injured in my perusing the board (and I suggest you all look up the word "peruse," as it likely means close to the opposite of what you thought - and then you can have fun when people use it incorrectly, and they'll no doubt think you an a-hole (damn, there's that EXAS humor again), just like anyone reading this is thinking how). To answer your question, though, mannmade, I think there's a little known codicil to the shorting rules which caps the gain you can make by shorting any one stock. I think a few of the big shorts ran smack-dab into that cap earlier in the year.
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Post by mnholdem on Aug 20, 2016 16:08:26 GMT -5
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