Probably see this play out over the next few days due to the massive volume and people taking new positions today: At some point a lender may pull back the shares that the broker is borrowing on your behalf, which makes the shares unavailable. While your broker may be able to obtain additional shares on your behalf, in some cases no shares may be available. This is known as a buy in. Should this occur you may have to cover your short by purchasing shares in the open market. If the stock has risen in value since you originally shorted it, you will realize a loss on the trade.
put in GTC sell limit order well above current selling price. I tried $30 but scottrade said it was too far above current pps so the guy on this thread that said $90 is just plain wrong. Anyway $25 was accepted as the limit price so that locks the shares. If every long actually did that well it would take this into the stratosphere. Oh and did you all see the Friday AH volume @ 935,000 @ high of $13.38. wonder how much this will gap up monday morning? $.50? $1.00? more???
You have a very good point. Also, one way for us longs to prevent our brokers from lending our shares to shorts (or to take away lent shares from shorts) is to put in trade orders to sell our long shares at very high prices, e.g., $90. That way, the shares cannot be lent out.