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Galileo in HyperChange said that he called a broker just to know the price of borrowing Nikola shares, and they said that it's 200% APR if I recall correctly. I
by xiphias2 6y ago
Galileo in HyperChange said that he called a broker just to know the price of borrowing Nikola shares, and they said that it's 200% APR if I recall correctly. It may have been direvtly after the merger though, I don't know the exact details.
- CGZp9X9k 6y agoYou can actually look this up! IBKR provides SLB (stock loan borrow) rates for users, and someone made a site to report this data. https://iborrowdesk.com/ https://iborrowdesk.com/
- gregshap 6y agoBriefly over 800%! [https://iborrowdesk.com/report/NKLA https://iborrowdesk.com/report/NKLA]