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Re: recieved a call from the stock loan desk

By: huecares in IDCC | Recommend this post (0)
Thu, 19 May 11 9:42 PM | 101 view(s)
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Msg. 41081 of 48237
(This msg. is a reply to 41079 by bulldzr2)

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Re: recieved a call from the stock loan desk
By: bulldzr2
in IDCC
Thu, 19 May 11 8:35 PM
Msg. 41079 of 48237

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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