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#daytrader #stockmarket
#stocks #watchlists
#newsinformation
#stock_drift #notfinanceadvice
#sofi #amc
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Sung Jun Lee : Auto selling nasdac when it is stop we are not sure
Trump to be win president to ,stock will keep down we are not sure.
MonkeyGee : oh yeah, can't forget Trump. thx
Sung Jun Lee : DJT is down 17.00. short selling.
Simon 5183 Sung Jun Lee : The interest rate for short selling has gone from over 400 to 10.5 now. Is it still short selling?
MonkeyGee Simon 5183 : well, the short interest fee seems to only apply to retail traders, institutions seems to be able to keep shorts open forever.
Simon 5183 MonkeyGee : Shares held by institutions are essentially their own shares. When using leverage, they still have to borrow stocks with brokerage firms to sell short.
Simon 5183 Sung Jun Lee : Do you think shorting doesn't cost anything? If you push higher and smash lower, you have to use stocks to smash them. Basically, if the difference in height is within 3 US dollars, bears don't make any money. If the stock price continues to rise, then the bears will lose money!
MonkeyGee Simon 5183 : is that why there is so much failure to deliver?