Put a high GTC sell order in like $10 this will prevent your shares from being shorted and your shares will be reduced from the Market means the current Float will go down further ,if many investors do this then there will be not many free shares available on the market MEANS this will make it very difficult for shorts to cover cheap or to short this Goldmine . PROTECT YOUR SHARES IT TAKES ONLY 2 MINUTES TO MAKE IT. Thank you !!!
Q.: What can you do to prevent your shares holdings from being shorted?
A: Now what can the average personal investor do to stop their own shares being shorted, as believe me your own broker, if approached, WILL sell your own shares that they hold on your behalf as a nominee account.
There are two things you can do, the first is to certificate them but this is not obviously to everyone’s advantage but the alternative solution is simple. All you do is to phone your broker and put an order in saying that you wish to place your shares for sale at, for arguments sake, double today’s price. As they are 'on order' they cannot be lent out by your broker and in turn you are reducing the amount of 'free shares' out there that can be used for shorting purposes. And don't forget to move your limit order up when the price starts to recover, then, that way your shares can't be shorted - not much but helps :D.
Although an individual personal investor will not normally have enough shares to halt a concerted shorting attack, if a large number of holders did this it would reduce the overall amount of shares that they could get their hands on.
In my opinion well worth doing if not only for the knowledge that your own shares cannot and will not be used in a short attack against the very share that you own.
Sentiment: Strong Buy
Who in their right mind is going to short a .60 stock. Even if nothing good happens, this stock will be around for a few years. To make .60 or less in a couples of years. That's crazy. Sooner or later this stock will head up.