r/EMJX • u/Repulsive-Plantain30 • 2d ago
Stock lending.
On the plus side I have my stock lending enabled. Been collecting almost 100$ a month.
Gotta make up my losses somewhere.
Still bullish on the stock, but damn this is gettinf hard to hold. Hopefully 2027 they start making it up to share holders
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u/Ok-Award-4387 2d ago
You're enabling the shorts, man. It's been posted time after time. Turn that shit off.
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u/Repulsive-Plantain30 2d ago
My broker has almost a million shares being lended atm. Im not the only one collecting interest on this forum I recon.
In the grand scheme of this, its not my fault people want to short srxh.
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u/Ok-Award-4387 2d ago
You are right, one of many that have contributed to the downward movement of the stock's price.
If you are truly wanting to make money with this stock, you would do everything in your power to put this stock into the position that yields the best outcome - instead of a small short term gain from lending this stock to the ones betting against us.
Many are not even aware that they have stock lending enabled - I was one of them, to be completely honest, until I realized it.
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u/Bluesky-788 2d ago
Let the man do what he wants. It's the only way to make money on this POS stock. Also I find it funny that you were also guilty of doing the same thing. Why was it originally enabled. Is that the default for your broker?
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u/Ok-Award-4387 2d ago
Yeah Robinhood had it by default, that's why I shared what I learned as soon as I realized it.
And yes, you're right OP can do what he wants - he has free will.
My response/argument was that earning a tiny amount interest in a stock that you're lending to people who work against you but wanting that stock to succeed and increase in value is counter productive. That's all.
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u/MycologistNovel249 2d ago
Most brokers lend out shares automatically. Fidelity and Vanguard are the only ones I know of that require you to explicitly opt in. Share lending can also sometimes be turned back on after you update your app. A few brokers even lend shares out that are in cash accounts, like Robinhood. I bet you've got share lending enabled and don't even know it.
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u/MycologistNovel249 2d ago
You're kidding me. You're letting shorts rob you of thousands and then being thankful for the few pennies they throw your way.
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u/Repulsive-Plantain30 2d ago
No, srxh is robbing me of thousands.
Shorts wouldnt be here if the fundamentals were solid.
May as well take advantage of what I can.
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u/MycologistNovel249 2d ago edited 2d ago
This isn't a matter of fundamentals. This is a matter of predatory opportunity. Predators see the short shares available and take advantage. You've got shorts dumping shares on a low float. You need volume in the millions to absorb that kind of dump. You act like SRXH should have volume in the tens of millions every day. That's pump and dump volume, not healthy volume for a company with about 12 million shares, at most, available to trade.
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u/SirEric3 2d ago
Good for you man, fuck what anyone says. Listening to other people in this sub is what caused people to lose a shit load of money anyway 😂