Received 20 Karmas
Goafter
Goafter Apr 05, 18 1:15 PM

Hi Tim, congrats on your recent short with OLMM, could you please help me understand how you were able to keep stocks longer than three days, as I understood that after three days brokers can call back stocks. Is it because you Borrow stocks instead (at a cost). I am a new challenge student and not sure I got that difference right if there is any between the word shorting and borrowing. Thanks, Eric

TimLento
TimLento Apr 05, 18 1:22 PM

Brokers can call back stocks after three days, that doesn't mean they will.

Goafter
Goafter Apr 05, 18 2:49 PM

got it, I thought Borrowing stocks was referring for another type of deal. Well done again

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