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> How is borrowing then selling 140% of the available shares legal? How is that not market manipulation? Why wouldn't someone be allowed to lend out a security
by bko 6y ago
> How is borrowing then selling 140% of the available shares legal? How is that not market manipulation?
Why wouldn't someone be allowed to lend out a security they own to someone else?
If not allowed, why wouldn't I be allowed to make an agreement where I pay you the difference between a future stock price and some fixed value?
> The difference is retail is going to win AND there's no backroom deal to be made to stop the bleeding.
The backroom deal will be a phone call to the CEO of reddit, discord, disqus and similar and tell them to cut it out. Simple as that. No coordinating mechanism, this will die.
- nixass 6y ago> Why wouldn't someone be allowed to lend out a security they own to someone else? Can you explain what individual or company can own 140% of available shares?