One other method to ASSURE shares are not lent out for shortng purposes is simply to HOLD THE CERTIFICATES yourself.
If you request the certificates, there is a small fee (about $5), and the certificates will be mailed to you by your broker.
It is highly recommended you properly safeguard the shares, since these are your (or someone elses, in the event you lose them) OFFICIAL records of ownership.
Doing this will prevent you from using these shares for margin buying, since the broker does not have the shares, and cannot margin anything he does not personally possess.
It's a mixed bag, the problem is your shares (haha, at least mine) make up such a miniscule proportion of the total number of shares, doing so probably affects very little the big picture.
On the other hand, have the company employees, and all longs do this, and it can have AN EXTREME IMPACT on short who all of a sudden must face the reality of a lack of shares to borrow, or shares available for purchase should they wish to close their short position.
This is the best way to ensure a SHORT SQUEEZE, would the company employees and longs do this, I don't know. Some investor could call the company and make a request they do so, but once again this amounts to management bowing to external pressures related to stock price. It is a difficult question, I don't have an answer, then again there may not be "an answer" for that matter.
LONG THQI, I know what I need to know, which is buy based on the technical indicator I mentioned earlier, avoid margin to greatly minimize my risk, and go fishing when the outlook is like it currently is.
Hank Greenberg used to write in a local San Francisco newspaper, he is no financial wizard, that I assure you, he is a WRITER. Based on what I read, it looks like FICTION is still his specialty. Hank, you blow, you write a good story, but your imagination is much better than your ability to state facts, phoooooieeeee to you and the people that let you write this sort of crap.
Let's go fishing Hank, the Stripers are biting, I can ignore the nonsense, and you can avoid the heat. Meet you at Pier 39 or Morro Bay, let me know when you want to go, I prefer fishing with Captain Joey out of Morro Bay, but I'll come up to SF if you prefer. Oh, and let's make a wager, if I catch the biggest fish you admit you write fiction, and if you catch the biggest fish I'll tell everyone you out-fished a Canadien which would bring me great shame. Bring it on, I'm gonna skunk your ass!!!
Regards, JB |
