3 ms·
On a tangent, are insiders who can’t trade still allowed to lend their shares out to shorts? The idea of Elon Musk collecting borrow fees from TSLA shorts and t
by User23 6y ago
On a tangent, are insiders who can’t trade still allowed to lend their shares out to shorts? The idea of Elon Musk collecting borrow fees from TSLA shorts and then watching them get crushed is an amusing one.
- victor106 6y agoGreat question. I am not an expert in this area, so don’t take this as the correct answer I think the way it works is your broker lends out your stock (at a profit) to short without any explicit consent from you. It’s your brokers responsibility to make sure that you have access to your stock when you need them.
- deleted 6y ago[deleted]