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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: tyc:> who wrote (60440)7/21/2008 4:28:13 PM
From: LLCF  Read Replies (1) of 78438
 
Oh, yea... it just goes from one account to the other in a lot of cases, but of course not always. But believe me the "stock loan" guys aren't going to give their profits to the trading dept or some hedge fund!

<But why do the brokerage houses have to borrow to provide stocks for their institutional clients to short ?>

Cause that's the rules... like I said they WOULDN"T the rules werent' there.

<Do institutional clients carry away the stock they buy, or just leave them with the brokerage houses as we do ?.

They leave it there... AND THEY LEND IT OUT to make a few % points. :))))

DAK
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