LogFAQs > #949978005

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Topic	You guys see what's going on with GameStop's stock?
red sox 777 01/27/21 11:56:57 AM #61:	charmander6000 posted... Is there a deadline where you are forced to sell the short stock? Can't they just wait for the inevitable crash? They have to pay interest, which is apparently around 50% for GME due to the hardness to borrow of this stock. Also, if it gets to the point where they do not have the assets to cover the position, the position has to be liquidated (otherwise there would be a risk that the person they borrowed shares from won't get them back). --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:949978005] in You guys s... [t:79253781]...</cite> <quote>charmander6000 posted... </cite> <quote>Is there a deadline where you are forced to sell the short stock? Can't they just wait for the inevitable crash?</quote> They have to pay interest, which is apparently around 50% for GME due to the hardness to borrow of this stock. Also, if it gets to the point where they do not have the assets to cover the position, the position has to be liquidated (otherwise there would be a risk that the person they borrowed shares from won't get them back). --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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