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Reply #103: and if they short the common stock, they can go through SECURITIES LENDING to borrow the stock [View All]

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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-04-09 03:36 PM
Response to Reply #99
103. and if they short the common stock, they can go through SECURITIES LENDING to borrow the stock
Edited on Wed Mar-04-09 03:41 PM by antigop
And people who have money in mutual funds (including 401(k)'s) that do securities lending are having their money used to bet the opposite way. You hold money in a mutual fund expecting the share prices to rise, but they are using YOUR MONEY to aid short sellers who want share prices to go down.

IT STINKS.

And most people aren't even aware this is going on.
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