what is the rationale for HF to pay $30 interest to borrow a...
$Torchlight Energy Resources Inc(TRCH.US$ what is the rationale for HF to pay $30 interest to borrow a $5 share to short? Do you guys think they foresee TRCH has the potential to be like Overstock? Just thinking aloud because HF are not here to lose money, Losing $20+ for evey share doesn’t make sense
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huatduduzai : today will be interesting
Mcpotato : As MMATF share price is on the high side,![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
They will want to take this chance to go in as low as possible so that when the merger is completed they will have better profit from there that what i think.
As the potential of MMAT working with Tesla is high
Sh0ryuKen : What if HF is already out of this stock?
Mcpotato : Than they need to cover their interest for the borrowed shares![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
?