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[QUOTE]Originally posted by Purl Gurl: [QB] Not really, I am actually four foot eight. Worried about a Market Maker borrowing your shares for shorting? You can stop this with very little effort. Just think cash. Think, "I want to keep my cash." Check with your broker. Most, if not all, have the same policy on "lending" shares to a Market Market for shorting, lending your shares to a Market Maker to use to steal your money by making a profit on your loss of money. If you maintain a margin account, one of the stipulations is your shares can be used for shorting. Anyone can borrow your shares and do whatever they please. Maintaining a cash account, your shares cannot be borrowed. None can touch your shares for any reason. Cash and carry works well. Borrowing, you always pay a price. You will discover interesting responses from various brokers. When asked about their policy on borrowing shares, and what would happen if your shares are gone and you want to sell, most will say, "You will never notice." I will notice and I will be very annoyed. When your shares are borrowed and you try to sell, those shares have to be replaced. A notice is sent to the shorter who took your shares, to replace those shares or your broker has to borrow shares from yet another person. Do you suppose this happens instantly? Is it possible your sell order will be delayed by an amount of time it takes to replace your missing shares? You might not notice. I will. Margin account, your shares will be used for shorting. Cash account, nobody can touch your shares. Guess which type of account I maintain. Purl Gurl [/QB][/QUOTE]
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