3 ms·
Can you explain how it's possible to borrow more stock than is outstanding?
by oars 6y ago
Can you explain how it's possible to borrow more stock than is outstanding?
- prostanac 6y agoI have one stock in GME, and borrow it to you. You then sell it on the market to somebody. That somebody can subsequently borrow it again to a short seller who will again sell it on the market. Repeat.
- rightbyte 6y agoIf a shorter lends his one borrowed stock to another shorter there will be a chain of shorters for the one stock. Isn't that what happened?