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Post by joeypotsandpans on Apr 10, 2018 20:25:10 GMT -5
All of my shares returned two days ago were loaned out this morning. Rate paid has dropped again, now 27.50%. Would you expect anything else? We call them "musical shares" one day the music will stop...will there be enough "shares" , lets see where the 3/31 SI balance is, if lower than I would imagine ATM used, otherwise I would expect it to be another record deficit number...
www.usdebtclock.org/
www.youtube.com/watch?v=umrp1tIBY8QAnd the beat goes on....another record SI, will be interesting to see how much of the shorted shares from the direct offering got absorbed at the next SI reading as of 4/15....ironic as that's time to pay the tax man day
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Post by brotherm1 on Apr 10, 2018 20:32:25 GMT -5
Tax day is the 17th this year, in the USA at least
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Post by Deleted on Apr 11, 2018 8:49:20 GMT -5
Loan rate decreased from 26% to 22% at Schwab.
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Post by boca1girl on Apr 11, 2018 13:44:50 GMT -5
All of my shares we were returned Monday morning, 4/9. As of this afternoon, 29% of them have been lent out again but interest paid by Fidelity is down to 26.125% 80% of my shares have been loaned out again but interest paid has now dropped to 24.625%.
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Post by standup on Apr 11, 2018 16:33:54 GMT -5
Schwab cuts loan rate twice today. Now down to 15%. Looks like this is organic selling with some shorts using it as an opportunity to cover their positions.
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Post by traderdennis on Apr 11, 2018 18:01:57 GMT -5
Schwab cuts loan rate twice today. Now down to 15%. Looks like this is organic selling with some shorts using it as an opportunity to cover their positions. 14 Million new shares cleared today and are now available to to short. More supply of shares the interest rate goes down
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Post by Deleted on Apr 11, 2018 18:04:03 GMT -5
Schwab cuts loan rate twice today. Now down to 15%. Looks like this is organic selling with some shorts using it as an opportunity to cover their positions. 14 Million new shares cleared today and are now available to to short. More supply of shares the interest rate goes down The warrants are essentially shares so there are 28 million new shares available.
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Post by standup on Apr 11, 2018 18:17:25 GMT -5
Schwab cuts loan rate twice today. Now down to 15%. Looks like this is organic selling with some shorts using it as an opportunity to cover their positions. 14 Million new shares cleared today and are now available to to short. More supply of shares the interest rate goes down Yes, good point.
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Post by traderdennis on Apr 11, 2018 18:37:05 GMT -5
14 Million new shares cleared today and are now available to to short. More supply of shares the interest rate goes down The warrants are essentially shares so there are 28 million new shares available. Warrants are not shortable until they are exercised.
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Loan Rate
Apr 11, 2018 18:56:11 GMT -5
via mobile
Post by Deleted on Apr 11, 2018 18:56:11 GMT -5
Would owners of warrants be considered naked or not naked if they shorted shares?
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Post by dreamboatcruise on Apr 11, 2018 19:02:46 GMT -5
Would owners of warrants be considered naked or not naked if they shorted shares? The purchasers of the shorted shares must get shares by the delivery date. Warrants don't serve that purpose. So if shares to borrow were not located when the short is executed it would be considered "naked" and if the shares were located then it would not.
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Post by cjm18 on Apr 11, 2018 19:09:08 GMT -5
Schwab cuts loan rate twice today. Now down to 15%. Looks like this is organic selling with some shorts using it as an opportunity to cover their positions. 14 Million new shares cleared today and are now available to to short. More supply of shares the interest rate goes down Were the shorts waiting for the new 14m shares to clear before shorting again to save interest? Find out tomorrow on the next episode of...
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Post by awesomo on Apr 11, 2018 19:09:58 GMT -5
Would owners of warrants be considered naked or not naked if they shorted shares? Generally naked as they are separate positions. Plus the whole "long warrants, short common stock" usually happens when the warrants are actually exercisable.
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Post by digger on Apr 11, 2018 22:03:53 GMT -5
Would owners of warrants be considered naked or not naked if they shorted shares? I believe that warrant holders could use them as a short hedge to protect them against any rally over, as I recall, the $2.38 exercise prices -- sort of analagous shorting the stock and then buying a call option. Holders would still have to borrow the shares in the open market.
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Post by straightly on Apr 12, 2018 1:01:09 GMT -5
Would owners of warrants be considered naked or not naked if they shorted shares? The strike price of these warrants are at $2.38, so the owners can make money if they can short above the strike price.
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