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To: Honey_Bee who wrote (260045)1/28/2021 2:01:18 PM
From: GUNSNGOLD7 Recommendations

Recommended By
alanrs
D.Austin
fred woodall
Honey_Bee
maceng2

and 2 more members

  Read Replies (3) | Respond to of 459360
 
What he is saying is if you own gamestock is you should only be trading it with a cash account.

In a margin account shares can be loaned with or without your consent(based on user agreement)

The brokerage in effect can "loan" your shares to another to brokerage for regulation SHO.

In a cash account they are prohibited from doing it unless you are consulted and in most cases compensated in some manner.

By removing shares that can be pledged you are removing inventory from the HF that they can use to cover their "shorts".

G-n-G



To: Honey_Bee who wrote (260045)1/28/2021 2:02:21 PM
From: Thehammer1 Recommendation

Recommended By
Honey_Bee

  Read Replies (1) | Respond to of 459360
 
I see no problem with using "brokerage" accounts that offer margin to trade in as long as one does not use margin.

I don't think we disagree. U am saying that if you have long term holding and trading positions. That you fully pay for the trading positions (unless you want someone to short the shares.

I used to fund my margin loan with my own companies shares. Most of the rest went to cash. They wouldn't loan out their own shares for shorting....

Some firms will not allow you to pick and choose stocks to fund marhin.

Open another account

If they don't allow that - open an account with another brokerage firm.



To: Honey_Bee who wrote (260045)1/28/2021 2:16:49 PM
From: Woody_Nickels1 Recommendation

Recommended By
Honey_Bee

  Respond to of 459360
 
Trading on margin is common in the Futures markets. (Commodities)