233 This is a great explanation of what happened yesterday with GameStop. I pulled this off of TG. (media.greatawakening.win) posted 3 years ago by kkuff 3 years ago by kkuff +234 / -1 25 comments download share 25 comments share download save hide report block hide replies
If a bank lends you $100 and you take it to the market and double it, who gets the extra $100? The bank? No.
Think "loan" instead of "borrow". The trader is paying interest to the broker while the stock is in their possession.