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Post by LosingMyBullishness on Oct 4, 2017 14:39:56 GMT -5
Loan rate at IB has just passed 100%
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Post by aliceliter on Oct 5, 2017 8:33:37 GMT -5
Schwab just raised to 60%
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Loan Rate
Oct 5, 2017 8:36:49 GMT -5
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Post by straightly on Oct 5, 2017 8:36:49 GMT -5
Schwab just raised to 60% Can I speculate that this means the shorts are doubling up instead of giving up? |
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Post by LosingMyBullishness on Oct 5, 2017 8:41:28 GMT -5
Loan rate up on IB to 112% and there are again no shares to be lend out. Shorts are creamed. They have to buy the stock or do some nasty stuff to be able to dump it to move the price.
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Post by lojothehus on Oct 5, 2017 8:59:30 GMT -5
Schwab just raised to 60% Can I speculate that this means the shorts are doubling up instead of giving up? Yes, you can speculate but you may be wrong. |
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Post by nemzter on Oct 5, 2017 9:06:51 GMT -5
The last notice I received a few weeks back was a loan rate of 50%. Fidelity is paying 50% for mnkd shares. Where do you see the loan rate from Fidelity? I can't seem to find this... still looking |
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Post by boca1girl on Oct 5, 2017 9:13:13 GMT -5
Fidelity is paying 50% for mnkd shares. Where do you see the loan rate from Fidelity? I can't seem to find this... still looking Actually slightly higher at 50.125%. I don’t know where to look up what they charge to borrow. The shares I bought on Monday cleared at eod yesterday and have been loaned out already so there is still demand from shorts. I hope they get burned badly! |
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Post by nemzter on Oct 5, 2017 9:29:31 GMT -5
Where do you see the loan rate from Fidelity? I can't seem to find this... still looking Actually slightly higher at 50.125%. I don’t know where to look up what they charge to borrow. The shares I bought on Monday cleared at eod yesterday and have been loaned out already so there is still demand from shorts. I hope they get burned badly! OK, found it under "Loaned Securities" Looks like it's going up... 51.625% |
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Loan Rate
Oct 5, 2017 11:47:56 GMT -5
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Post by Deleted on Oct 5, 2017 11:47:56 GMT -5
Yes, today Schwab increased the loan rate from 50% to 60%.
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Loan Rate
Oct 5, 2017 12:54:25 GMT -5
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Post by epc1355 on Oct 5, 2017 12:54:25 GMT -5
How do you loan shares? Do you need to own a certain amount to be able to do it? I use fidelity.
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Loan Rate
Oct 5, 2017 13:02:20 GMT -5
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Post by coco on Oct 5, 2017 13:02:20 GMT -5
How do you loan shares? Do you need to own a certain amount to be able to do it? I use fidelity. [ You don't need a certain amount just a minimum of 250k in the account. |
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Post by dreamboatcruise on Oct 5, 2017 13:24:27 GMT -5
How do you loan shares? Do you need to own a certain amount to be able to do it? I use fidelity. Schwab does not have a minimum account size to get into the lending program. I'm sure from a practical standpoint there would be some lower limit on the number of MNKD shares they'd want to bother with, but likely if you have 1000 or more they would let you in if they need more shares. I had much of my MNKD holding in TD Ameritrade years ago and transferred all to Schwab because TD doesn't do paid share loan at all. |
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Loan Rate
Oct 5, 2017 13:49:06 GMT -5
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Post by coco on Oct 5, 2017 13:49:06 GMT -5
How do you loan shares? Do you need to own a certain amount to be able to do it? I use fidelity. Schwab does not have a minimum account size to get into the lending program. I'm sure from a practical standpoint there would be some lower limit on the number of MNKD shares they'd want to bother with, but likely if you have 1000 or more they would let you in if they need more shares. I had much of my MNKD holding in TD Ameritrade years ago and transferred all to Schwab because TD doesn't do paid share loan at all. Fidelity requires 250k account balance |
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Post by anderson on Oct 5, 2017 15:21:15 GMT -5
How do you loan shares? Do you need to own a certain amount to be able to do it? I use fidelity. People are correct you need 250k in you fidelity accounts. What people didnt tell you was answer to your question. Fidelity calls it Fully Paid Lending Program, here is the link with the information you requested(note the phone number at the bottom that you need to call for more info) capitalmarkets.fidelity.com/app/item/RD_13569_22178/fully-paid-lending.html |
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Post by mytakeonit on Oct 5, 2017 16:12:39 GMT -5
To loan you need an account balance of $250k ?? That's funny because I barely had that in my account last friday. Oh, did I mention that I went 100% on MNKD earlier this year?
I know ... I know ... I shouldn't do that and need to diversify. Sorry, when I saw Moses part the sea ... I had to go!
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