Fidelity: Bro, can we borrow some of your shares? Since when are they even asking??
(media.greatawakening.win)
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Yep, lend your shares so we can short the hell out of the stock you own to decrease it's value, but we'll give you a dime.
Not happening!
Forgive my ignorance, but if someone borrows my share and sells it, then I sell my share, as they say I can do, then hasn't my share been duplicated, increasing the total supply of shares on the market?
That seems like bad accounting, and also very similar to fractional reserve banking.
I'm not sure how that works. I would hope the short had to cover, but I doubt that is the case.