Borrowing breeds fuckery. Shares loaned can be off the books and not official. Maybe loaned out to numerous places at once. It also frees up capital to attack target company and drive their stock price down. Loaned shares are easier to digitally fake, or blatantly counterfeit -- known as "naked shorts". 140% of Game Stop shares were shorted. How did they do that?
Borrowing breeds fuckery. Shares loaned can be off the books and not official. Maybe loaned out to numerous places at once. It also frees up capital to attack target company and drive their stock price down. Loaned shares are easier to digitally fake, or blatantly counterfeit -- known as "naked shorts". 140% of Game Stop shares were shorted. How did they do that?