Little known tactics to prevent your shares from being loan (AKA giving investors the opportunity to short your shares), you can go about it in two ways:
-
Move your shares into cash position (not in margin position); if you have only a cash account, you need not worry about this - you've done all you can to prevent yours from being loaned
-
If you have shares held in margin and do not wish to switch them to cash holding, set a sell order for a hefty amount (say 2x the current stock price). This will put the shares "on order" and prevent the hedgw funds from being able to short your shares
Having a stock you believe in be shorted isn't always a bad thing if you are DCA or continually adding, but wanted to mention these tactics as many are unaware. Likely none of us here have enough in positions to make waves in the market, but it doesn't hurt - especially if banding together.
Submitted July 30, 2023 at 08:29AM by MothAliens https://ift.tt/l2fH48v
