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  • jackhiller@ymail.com jackhiller May 13, 2011 2:02 PM Flag

    Shorts up 36% ! WOW!

    THere were two ideas in my note. First, I block the availability of using my Linn stock as a source of lending to a short, by placing a sale order on it.

    Second, shorts are responsible for paying the dividend if they are short when it weht XDiv. Quoting from the wiki article which is right:

    "The short seller hopes to profit from a decline in the price of the assets between the sale and the repurchase, as the seller will pay less to buy the assets than the seller received on selling them. Conversely, the short seller will incur a loss if the price of the assets rises. Other costs of shorting may include a fee for borrowing the assets and payment of any dividends paid on the borrowed assets "

    Repeat: Other costs of shorting may include a fee for borrowing the assets and payment of any dividends paid on the borrowed assets

    http://en.wikipedia.org/wiki/Short_(finance)

 
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