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Post by ezrasfund on Mar 3, 2015 15:34:03 GMT -5
Today's report from Interactive Brokers...No Share Available...was 400,000 earlier today. When there are plenty of shares available to short, and your broker starts lowering the interest rate paid or returns your shares...then we are going to see a price correction.
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Post by nemzter on Mar 3, 2015 15:44:20 GMT -5
Today's report from Interactive Brokers...No Share Available...was 400,000 earlier today. When there are plenty of shares available to short, and your broker starts lowering the interest rate paid or returns your shares...then we are going to see a price correction. Just checked Fidelity, still at 19.75%, will probably change tomorrow... |
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Post by brentie on Mar 3, 2015 16:53:44 GMT -5
Today's report from Interactive Brokers...No Share Available...was 400,000 earlier today. When there are plenty of shares available to short, and your broker starts lowering the interest rate paid or returns your shares...then we are going to see a price correction. Just checked Fidelity, still at 19.75%, will probably change tomorrow... You'd better check again, it's now at 21%. |
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Post by nemzter on Mar 3, 2015 17:08:39 GMT -5
Just checked Fidelity, still at 19.75%, will probably change tomorrow... You'd better check again, it's now at 21%. Yes, you're correct, I just checked now and confirmed, it is now at 21% baby!!! Where do you check to see what Fidelity's charging the shorts? Thanks! |
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Post by brentie on Mar 3, 2015 17:14:52 GMT -5
You'd better check again, it's now at 21%. Yes, you're correct, I just checked now and confirmed, it is now at 21% baby!!! Where do you check to see what Fidelity's charging the shorts? Thanks! I don't know, sorry. |
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Post by Deleted on Mar 4, 2015 13:42:41 GMT -5
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Post by ezrasfund on Mar 4, 2015 13:52:57 GMT -5
I now have that page bookmarked. It seems there is some covering, but why cover at $6 when it has been below $6 since September, and only above $6 for the last month. Is it going to $3 or not? |
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Post by esstan2001 on Mar 4, 2015 14:00:14 GMT -5
hmmm... I just checked availability and it came back with N/A
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Post by Deleted on Mar 4, 2015 14:12:56 GMT -5
I now have that page bookmarked. It seems there is some covering, but why cover at $6 when it has been below $6 since September, and only above $6 for the last month. Is it going to $3 or not? change of sentiment..As a shorty some one was sure that that their position will work at that time .. now they arent that sure i guess ..so covering may be... the same with longs.. if this drop occured during that time, they would have been skeptical... now with the positive response for Afrezza , some longs could have just have just written off the last few days as noise |
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Post by Deleted on Mar 4, 2015 14:13:21 GMT -5
hmmm... I just checked availability and it came back with N/A still shows 850,000 |
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Post by esstan2001 on Mar 4, 2015 14:15:33 GMT -5
now it says 850k for me too. go figure.
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Post by ashiwi on Mar 4, 2015 14:20:10 GMT -5
Fidelity is charging shorts 31.25% to borrow shares.
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Post by nugjuice on Mar 4, 2015 14:27:09 GMT -5
45% over here. They also quoted a "limited supply" and said "they're not really approving any shorts right now"
Can't tell you what firm, but it's one of the big 3 brokerage firms in the US
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Post by savzak on Mar 4, 2015 14:29:46 GMT -5
45% over here. They also quoted a "limited supply" and said "they're not really approving any shorts right now" Can't tell you what firm, but it's one of the big 3 brokerage firms in the US Out of curiosity, what is this firm paying those who are lending their shares out? |
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Post by nugjuice on Mar 4, 2015 14:34:20 GMT -5
45% over here. They also quoted a "limited supply" and said "they're not really approving any shorts right now" Can't tell you what firm, but it's one of the big 3 brokerage firms in the US Out of curiosity, what is this firm paying those who are lending their shares out? I just called the desk again, they don't pay anything to most individuals (because you put it on margin and they borrow it from you/loan it for free) But he said for others (I'm assuming institutions or large holders that contact them) they give 70% of the borrow cost. So that would be about 30% |
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