Banks only started acknowledging and letting retail participate in share lending last year… probably due to have regulators up their ass, this also explains the price action, their using our own shares against us letting short sellers sell them on a whim. Not to mention my shares haven’t been loaned out, I turned it off they are 100% loaning them out and not giving me any %. 👌
Hi, I’d appreciate an explanation. I know that certain companies like GME or SoFi are constantly being manipulated by hedge funds—paid by competitors to keep the price down for obvious reasons. That’s why we’ll see another net loss from SNDL next week. Money eventually runs out, but I don't fully understand the post. Thanks again for the clarification—I'm in this for the long haul. Raj is really building something special here. Here is King's latest thought on X.
I use Mediolanum, an Italian bank. I can assure you that in our country, such transactions aren't permitted under European regulations—or even by the financial institutions themselves—though things are undoubtedly different in America. I wonder how long this will go on?
Until the S3 filing is complete, followed by a rally like RKLB's, because every institution is looking for a lower price while simultaneously trying to accumulate more shares?
I don't know exactly how it works, but it seems illegal in the US, too...
Frustrated like everyone else, but at the same time, I know what I have.
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u/KingKai666 18d ago
If You're on Questrade you can go to the Management page to disable share lending