SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Home Solutions of America (HSOA), The best is yet to come
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: FHM who wrote (58)7/20/2006 5:33:35 PM
From: stckn8r  Read Replies (4) of 20808
 
Hi FHM,

Just got off the phone with my broker who gave me two scenarios that he has seen when Schwab has made this offer in the past (one good for longs one bad):
a. A large demand for shares to be loaned for shorting purposes (not good).
b. A large demand to loan to cover short positions (good).

Unfortunately, he said that, in his experience, the majority of the instances was for shorting purposes and in most cases the PPS took big hits. He did not think it was a good sign. I am not so sure about his analysis as todays performance seem to indicate more buyers wanting to cover at low prices while there were very few sellers. Also there is a very large outstanding % of short shares already.

I would appreciate any comments or thoughts on this topic as this is not a common occurrence and could indicate a large move, up or down, imo.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News