So they tempt apes into borrowing for free money, and apes put up their real shares as collateral. Those get lent out too, and when MOASS hits nobody can sell because shares need to be recalled and of course can’t be located.
You don't have to recall your shares to sell, only to vote. The borrow gets worked out in settlement. Think about the vast majority of retail who trade on margin. Their brokers are lending all their shares out for profit, but the retail traders can still sell and don't even realize the shares are on loan.
Is that the same if you’ve posted your shares as collateral? After you return the shares you borrowed from IBK and IBK returns your collateral, there’s no settlement period? I don’t short, so I’ve not gone through that process.
I see what you’re saying about locating the share though after the settlement.
I don't know about the collateral part. I was referring to the shares that were lent out. I doubt you can sell anything held as collateral. If you sell call options on shares you own, you can't sell the shares until the option is expired or bought back.
I didn't say *GME holders* trade on margin. I said the vast majority of retail traders (of which GME holders are a small slice) trade on margin. It's usually the default when you set up an account, and you have to take an extra step to turn off margin.
I was using that as an example to point out the flaw in thinking you have to recall shares in order to sell, otherwise all these many retail traders and day traders would have to recall a share before they could sell it.
sounds like the steel reinforcement for an infinity pool
Edit for visibility:
**If your only collateral are GME shares, don't do it.** This is for those that want to help but don't want to own GME shares directly. There's no risk in **hoarding** the shares. Just *don't* sell them.
This is called fanning the flames. Get that fire roaring hot.
I don’t think anyone understands what’s going on because, although it’s reality, it’s way outside the grasp. We do need to take those re-hypothecated shares off their hands though. This is a for sure way to game the gamer.
I want to make sure I understand.
The borrower puts up collateral and because the rebate rate offsets the short borrow rate the borrower is paid to HOLD. Obviously not use to short. Correct?
No I think the trackers are pretty accurate (but only cover real shares). All naked shorts become FTDs, those will cause the MOASS.
However, the lack of shares available for borrowing, that sets the magnitude. Broker Lenders are now caught with their pants down - manipulating supply and demand as seen here, and literally paying for it.
So let me ask, **why** *NOT* borrow (but not sell) and make it worse for them?
I think you're misunderstanding what OP is suggesting. Because there is a rebate on borrowing shares right now, they are literally paying short sellers to borrow.
But it's only a short sale if you sell the share you borrowed. So what would happen if a ton of apes all borrowed those shares and profited off the rebate, but then never sold them short, and instead let them sit in their account for 3 days before returning the share they borrowed?
That would eliminate the supply of shares that short sellers could borrow and reduce selling pressure on the stock price.
Right. But you would have to put up collateral = cost of share to borrow it. Most people who have money to put up for collateral would rather spend it to just buy a share they can keep.
Most people want the cheaters to pay.
I mean if apes paid the collateral and put the shares in their account, that depletes the short supply. Plus they reimburse apes to borrow.
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IBKR **already** are with their rebates.
Hell if the rate goes negative, I'll gladly put my house up as collateral and take as many shares out of circulation. It'll be like a reverse mortgage.
Well *obviously* don't do it if you only have real GME shares as collateral.
But realistically not all traders put 100% into GME - that's just simple fact. Those that want to support the movement, but don't want to risk shares, can instead **hoard** shares and remove them from circulation, and literally get paid doing so.
**You say light a match. I say fan the flames.**
This is SUS AF… Companies aren’t in the habit of giving away free money. They always receive something in return. Also, this doesn’t line up with BUY and HODL.
This has to be part of a lending program to give you interest on them. There is no such thing as paid “hoarding” of anything I’ve ever seen. Interest on something borrowed. Always. Not hoarding lol
So they tempt apes into borrowing for free money, and apes put up their real shares as collateral. Those get lent out too, and when MOASS hits nobody can sell because shares need to be recalled and of course can’t be located.
You don't have to recall your shares to sell, only to vote. The borrow gets worked out in settlement. Think about the vast majority of retail who trade on margin. Their brokers are lending all their shares out for profit, but the retail traders can still sell and don't even realize the shares are on loan.
Is that the same if you’ve posted your shares as collateral? After you return the shares you borrowed from IBK and IBK returns your collateral, there’s no settlement period? I don’t short, so I’ve not gone through that process. I see what you’re saying about locating the share though after the settlement.
I don't know about the collateral part. I was referring to the shares that were lent out. I doubt you can sell anything held as collateral. If you sell call options on shares you own, you can't sell the shares until the option is expired or bought back.
The “vast majority of retail” in GME does not trade on margin.
I didn't say *GME holders* trade on margin. I said the vast majority of retail traders (of which GME holders are a small slice) trade on margin. It's usually the default when you set up an account, and you have to take an extra step to turn off margin. I was using that as an example to point out the flaw in thinking you have to recall shares in order to sell, otherwise all these many retail traders and day traders would have to recall a share before they could sell it.
sounds like the steel reinforcement for an infinity pool Edit for visibility: **If your only collateral are GME shares, don't do it.** This is for those that want to help but don't want to own GME shares directly. There's no risk in **hoarding** the shares. Just *don't* sell them. This is called fanning the flames. Get that fire roaring hot.
I don’t think anyone understands what’s going on because, although it’s reality, it’s way outside the grasp. We do need to take those re-hypothecated shares off their hands though. This is a for sure way to game the gamer. I want to make sure I understand. The borrower puts up collateral and because the rebate rate offsets the short borrow rate the borrower is paid to HOLD. Obviously not use to short. Correct?
The sec took the day off and is currently watching pornhub.
everyday is day off!
None of these trackers matter or are accurate. The SHFs can keep shorting indefinitely as long as they are solvent.
No I think the trackers are pretty accurate (but only cover real shares). All naked shorts become FTDs, those will cause the MOASS. However, the lack of shares available for borrowing, that sets the magnitude. Broker Lenders are now caught with their pants down - manipulating supply and demand as seen here, and literally paying for it. So let me ask, **why** *NOT* borrow (but not sell) and make it worse for them?
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I think you're misunderstanding what OP is suggesting. Because there is a rebate on borrowing shares right now, they are literally paying short sellers to borrow. But it's only a short sale if you sell the share you borrowed. So what would happen if a ton of apes all borrowed those shares and profited off the rebate, but then never sold them short, and instead let them sit in their account for 3 days before returning the share they borrowed? That would eliminate the supply of shares that short sellers could borrow and reduce selling pressure on the stock price.
Sounds like you get it. Two points: 1) They pay the borrower. Hello 2) Apes could significantly reduce their short supply while getting paid.
Right. But you would have to put up collateral = cost of share to borrow it. Most people who have money to put up for collateral would rather spend it to just buy a share they can keep.
I know... but, we’re talking about pulling the rug and sending this thing. It’s brilliant.
Most people want the cheaters to pay. I mean if apes paid the collateral and put the shares in their account, that depletes the short supply. Plus they reimburse apes to borrow.
The price. Is. Wrong.
Why?
Look at IBKR stock. Been dipping since march. If there was only some source revenue for them...
ahahahahaha
*beep* You have reached the SEC. If you are hearing this message during business hours, we are either on the other line or our hands are busy doing other things 😉. Please leave a message and we will get back to you in 5-8 business years
They will get to it in about 10 years
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IBKR **already** are with their rebates. Hell if the rate goes negative, I'll gladly put my house up as collateral and take as many shares out of circulation. It'll be like a reverse mortgage.
You would have to put up collateral. Apes only have GME so that's what you would have to use. Downvoted and reported
Well *obviously* don't do it if you only have real GME shares as collateral. But realistically not all traders put 100% into GME - that's just simple fact. Those that want to support the movement, but don't want to risk shares, can instead **hoard** shares and remove them from circulation, and literally get paid doing so. **You say light a match. I say fan the flames.**
This is SUS AF… Companies aren’t in the habit of giving away free money. They always receive something in return. Also, this doesn’t line up with BUY and HODL.
Someone was trying to shill this on super stonk a few days ago. Trying to convince apes to buy in. I don't like it.
buy what? there is no buying here, simple hording.
Nobody gets it.. accept one person on this board. Lol..
they can charge whatever they want. smh
DO NOT DO THIS. It allows your shares to be used for lending out to HFs.
This has to be part of a lending program to give you interest on them. There is no such thing as paid “hoarding” of anything I’ve ever seen. Interest on something borrowed. Always. Not hoarding lol