$EBET Inc (EBET.US)$ Why do shorts sell a lot of stocks ever...
$EBET Inc(EBET.US$ Why do shorts sell a lot of stocks every day: Any stock trading institution (including TD, moomoo) allows people to short sell stocks!!! Where do those short-selling stocks come from? It is to buy what we have already bought in the institution Stock lending to shorts! Institutions will charge high interest, so if you want to short a stock, you only need to borrow as much as you want from the institution! Because they earn your interest! But there is a deadline!!! So we retail investors Just hold on and don't sell shorts!
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hard-working Moose_0 : it will be delisted on August 9. read 8-k
guby OP hard-working Moose_0 : No! It has been postponed again to November! 180 days!
Eddie Lame hard-working Moose_0 : If it's getting delisted soon. Why are ppl still shorting this? How are they gonna cover?
Biff hard-working Moose_0 : Wrong Read again
SarGus Eddie Lame : they don't. shorts bank on stocks being delisted.
Eddie Lame SarGus : Huh? Meaning if this one got delisted, shorts don't need to pay back what they have borrowed at all? How would any institution allow this and still lend to them?
SarGus : not 100% about borrow fees, as I'm not a short. but if the stock gets delisted they cover at 0