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re: DJT is the most expensive stock on the market to short - up to 900% annually

Posted on 4/4/24 at 5:06 am to
Posted by Beessnax
Member since Nov 2015
9184 posts
Posted on 4/4/24 at 5:06 am to
quote:

would have had to pay costs of between about $1 and $1.22 per day to the lenders.


These "lenders" are the ones who are making the real consistent bank when it comes to politically related emotion driven stock activities. It would be interesting to know who owns the shares that they are using.

Posted by Decisions
Member since Mar 2015
1489 posts
Posted on 4/4/24 at 6:08 am to
quote:

It would be interesting to know who owns the shares that they are using.


It’s usually banks, funds, PE and the like. People talk about “relationships” being important on Wall Street for moments like this. You want to borrow a high-demand stock that everyone’s gunning for? It pays to be buddies with the guy who just happens to have some of it in their diversified portfolio.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
2700 posts
Posted on 4/4/24 at 11:45 am to
(no message)
This post was edited on 4/21/24 at 11:09 am
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