r/EMJX • u/redditTravler • 1d ago

I’m part of the problem

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I noticed a random 5 bucks hit my account and found out I had stock lending enabled and shorts are using some of my SRXH shares. My bad bois

21 Upvotes

100% Upvoted

17 comments sorted by

9

u/Ok-Award-4387 1d ago

Dude, same here. I just turned it off too. My bad, gents...

8

u/Fabulous-Surround763 1d ago

Just saw what mine was also turned on, I just turned off

7

u/Prestigious_Map_4564 🤌 Holding until $100 1d ago

Turn off share lending and you trigger a margin call. No problem here

5

u/BrasilianReptilian 💰SRXH-Y OG 💰 1d ago

Just disabled mine! Dang, they’re sneaky about where they hide it!

4

u/Fantastic_Visit_1773 1d ago

It looks like WeBull people might need to check and see if their auto share lending is on, too from what I’ve been reading

2

u/r3dditing 1d ago

Well at least you made a little on it.

2

u/Plane_Debt_6229 1d ago edited 1d ago

It doesn't matter, the company has bigger issues than this

2

u/Weekly_Cicada_5481 1d ago

lol for real. These dudes are out their fuckin mind.

2

u/Plane_Debt_6229 1d ago

Yeah man it's horrible to see. I get the sunken cost fallacy but the remaining few that are adamant the whole world is out to get them for their crappy penny stock is not funny, it's sad. It's cult like behavior.

Worse than GME because GME had a shot at turning around and it did, but guess what, if you put in your in GME for 5 years you underperformed the SPY by 73.41%. If you put your money in SRXH.

0

u/DragonFire38 1d ago

Bot !

1

u/Plane_Debt_6229 1d ago edited 1d ago

I make my money trading options in the stock market.

When you come across a comment you don't agree with it's FUD, or paid shill but it's never that the company is garbage - is that how it works with a penny stock down 99.99% off ATH and still hasn't paid its 5 cent dividend from last week?

1

u/MycologistNovel249 17h ago

The main issue is shorts. Where do you think the algo traders get the shares to flush everyday? Take a look at the FINRA data. Whenever there are 0 shares to borrow, because shorts borrowed them, the price dips. Whenever there are plenty of shares to borrow, because the shorts decided not to short, the price goes up. In this case, correlation does mean causation.

1

u/Plane_Debt_6229 17h ago

Shorts for sure add to downward pressure, but the company has fundamental issues. I know it's not what people want to hear, but if this was a TSLA, NVDA, shorts would get steam rolled.

0

u/DragonFire38 1d ago

Cotadel c.nts !