Msg. 41080 of 48237 (This msg. is a reply to
41079 by
bulldzr2)
Jump:
I called TD Waterhouse this week and told them that I did not want them to loan my IDCC shares to anybody at any time.
He told me,: "You have only a CASH ACCOUNT." "We do not loan any stock held ina CASH ACCOUNT." "If you have a MARGIN ACCOUNT, we can, and do loan your shares.
Not trying to answer for teecee, but short sellers often have to borrow stock to short it. This just means the shares are becoming more and more difficult to come by, which would limit the shorts ability to keep doing their work. It may be related to option expiry... someone(s) is/are trying to keep the price down to make their number.
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