Short-Sell Prevention Tactic

Just got some advice from a fellow colleague broker at lunch today...he told me to:

“Set your Limit to sell shares at the highest price possible, and reset them every next day at a higher price; especially as the SP moves up throughout the day.”

** This prevents brokers from short-selling (borrowing without actually paying for them) your shares, while decreasing the amount of shares they can use to make their profits.”

...I discussed with him how AUZ released a positive announcement yesterday causing the SP to rise, but then declined during the final hour of trade last night. And then he told me he suspects it’s a Short tactic due to the timing of the late sell down; because shorters were losing their money betting on a bad outcome from the announcement.

He explained that shorters hedge against companies with outdated business models...which makes sense because up until the 4th quarter 2020, AUZ did actually have an outdated business plan. And now that plan has changed for the better; as explained in yesterday’s announcement.

Not advising y’all to do it. Just putting it out there...