If you hold DWAC, set a sell order at something ridiculous like $10,000 per share for the next month. It will prevent shorting. Don't let the liberals make money off other conservatives!
Ignore if you DRSed.
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Stock noob here with a big DWAC position, If I am not DRS'd and I don't have any sell orders in, how would shorting affect my shares?
People can borrow your shares high to sell, then buy back in low, exerting downward pressure on price.
With my broker that is only allowed if you consent to it.
I was seeing a message yesterday telling me I could make money by loaning my shares, but I had to OK the loaning of the shares. Fuck the shorts they won't be getting my permission to screw this stock.
Not true. They lend your shares even if you're not in a margin account. Have we not learned from 2000 and 2008?
I'm in a margin account.
They are asking me to sign off on loaning the shares. If they have to ask me to sign off on it in my opinion that means they cannot loan the shares unless I do. If that were not the case they would not even ask.