everyone, put your shares up for sale at 300% .....this will help keep your stock from being shorted....read below....let's get the MMs!
Not sure if you all relize this because i did not till recently. your shares can be borrowed to sell by your broker thus making it easier for the mm's to short. however if you have a sell on your shares put in they cannot borrow them thus taking them out of circulation. keep in mind you can cancel this sell at anytime. i have mine for sale at 50.00 not that i look to get that but it does take all of my shares out of the mm game. put in a sale gtc and you can do the same
here is how it works. they have x number of days to cover shorts. they borrow your shares cover the short and just short it again. thus increasing their time to cover them. without the shares available to do this they will have to cover sooner. most important to me is i do now want anyone borrowing my shares. they are mine and not to be used except by me. putting in the sale makes it so they cannot use them.
Posted by moremula on :
If you have time you may want to go to the link and watch. It may be old news to some but may shed some light for others.