Super funds should not be allowed to lend OUR stocks ( re: OUR money ) for short-selling. If they really want to lend stock for shorting .. sure ... lend THEIR OWN STOCKs, but not OUR stocks which they are managing in OUR behalf.
I did not want them to do that nor do they have permission to that with MY / OUR money, because it only benefits them, not the members of the super fund.
They can still lend stocks for short-selling using THEIR OWN money if they want .. no one stopping them. Oh, they don't want to with THEIR OWN money / stocks ?
See the difference ?
GXY Price at posting:
$3.50 Sentiment: Buy Disclosure: Held