short selling banned - bill passed in senate, page-21

  1. peterd
    1,459 Posts.
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    05/12/08
    11:28
    Post #: 4575794
    boundless raised an interesting question. Where do they borrow these share from?

    For example, I purchase shares through commsec, does commsec lend my shares to people to short?

    If so, how do I advise commsec NOT to lend my shares to shorters?

    I don't understand who whould lend someone a share knowing they are going to drive the price down????
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    lightbulb Created with Sketch.  Great analysis
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