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Post by gomnkd on Jun 8, 2015 11:45:18 GMT -5
I transferred some shares from IB to fid (to get extra 2% yield). I emailed fid guy and in 15 mins, my transferred shares were loaned out. transferring shares between brokers faster than a wire transfer these days? took 3 days
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Post by harryx1 on Jun 8, 2015 12:10:27 GMT -5
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Post by ezrasfund on Jun 8, 2015 12:16:13 GMT -5
Can you explain the graph, Harry? Does this mean we have a way to go before we overtake Shake Shack?
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Post by brentie on Jun 8, 2015 16:24:57 GMT -5
Fidelity just raised their rates to 31%.
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Post by kball on Jun 8, 2015 16:47:25 GMT -5
Fidelity just raised their rates to 31%. 31% at $7.23 is better than 25% at under $4, right?
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Post by kc on Jun 8, 2015 17:56:36 GMT -5
Fidelity just raised their rates to 31%. 31% at $7.23 is better than 25% at under $4, right? You got that right. I was thinking the same thing. Liked it at 20% @ 3.60 per share have to love it at 7.15 at 31% Think about the other end of the deal.
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Post by ashiwi on Jun 9, 2015 7:39:15 GMT -5
Fidelity just raised the interest rate to borrow ( for shorts) to 48.5%
It has to be painful to pay that especially as the pps increases. Setting up for a Nice squeeze
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Post by nemzter on Jun 9, 2015 8:38:50 GMT -5
They sure are trying hard to keep the price down this AM, 2.9M trades in under 10 minutes and the price is still hovering close to yesterday's close. LOL
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Deleted
Deleted Member
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Post by Deleted on Jun 9, 2015 8:51:30 GMT -5
Now we may be seeing why the shorts paid all that money to borrow shares. Those that think they can outsmart some of the most ruthless investors on Wall Street may be in for a shock.
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Post by petech on Jun 9, 2015 9:14:33 GMT -5
Or they may be in for an interest payment of over 30% (and about to go up) on the value of their shares while the ruthless people continue to lie/cheat/steal to drive the price down short term. Short term is only relevant to traders my friend. Us longs that aren't going anywhere don't care about short term, so this interest payment allows us to buy more MNKD...and have some sweet luxuries.
Depends how you define "outsmart."
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Post by gomnkd on Jun 9, 2015 10:03:50 GMT -5
How about 48.5% now !!!
We'll soon be getting 35%
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Post by nemzter on Jun 9, 2015 10:50:13 GMT -5
How about 48.5% now !!! We'll soon be getting 35% 39% would be better if they're charging shorts that much ... just sayin
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mdc
Newbie
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Post by mdc on Jun 9, 2015 13:09:57 GMT -5
How do I let fidelity know I want to loan my shares out?
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Deleted
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Post by Deleted on Jun 9, 2015 13:21:31 GMT -5
How do I let fidelity know I want to loan my shares out? lmgtfy.com/?q=fidelity+share+lendingbeen discussed many times on this forum as well.. anyways its easier to ask rather than look around
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Post by nemzter on Jun 9, 2015 13:23:31 GMT -5
Fidelity rate down to 45.50%
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