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If you know how RSS works... Basically shorties can just pay interest to the lender and wait market to tumble..., or lender send instructions to discontinue lending. 4 percent rule my friend
Lenders are basically the brokerage firm right? Ironically, that brokerage firm also use customer purchased shares to lend it out. Means if we buy from this brokerage firm this stock, they lend it out to short sellers but brokerage firm earns the charges not us. Brokerage firm earns more money that way, instead of petty brokerage fees they earn from retail buy/sell activities.
Basically… basically… there’s no way they will hold their short position for a very long time. U could refer Yinson share price. U will know what I’m saying
Broker must get shareholder consent before they lend other for RSS. Short sellers can short as long they pay interest to shareholders. They foresee oil price will drop due to worldwide reccesion in near future. If you are here for long term, this noise doesn't concern you.
