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Msg  347 of 394  at  8/9/2012 4:08:10 PM  by

RMBSrider


FB shares becoming very hard to borrow

My helpful Fidelity account rep called yesterday to notify me that Facebook's "hard to borrow" status has increased to DEFCON 2 and the premium is was paying to borrow the shares was increasing from 3% to 8% per annum.
 
I am showing 12.27% of the float is short. The short premium should go away as more insider shares are freed to trade over the next 3 months.


 
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Recs: 1  |  Views: 196
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Replies
Msg # Subject Author Recs Date Posted
348 Re: FB shares becoming very hard to borrow oldandgrumpy 0 8/11/2012 10:10:20 PM
349 Re: FB shares becoming very hard to borrow oldandgrumpy 0 8/11/2012 10:14:25 PM
350 Re: FB shares becoming very hard to borrow bigchief 0 8/12/2012 7:44:08 AM


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