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/biz/ - Business & Finance

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>> No.53961367 [View]
File: 585 KB, 1046x1966, REFCO-why.png [View same] [iqdb] [saucenao] [google]
53961367

>>53961344

>> No.53751166 [View]
File: 585 KB, 1046x1966, REFCO.png [View same] [iqdb] [saucenao] [google]
53751166

>>53750971
because this stock has the single highest total fee collection out of any stock in the last year despite stated short interest and borrow fee both not being particularly high.This makes sense if the total circulating shares in brokers is significantly higher than the amount issued by the company. The answer has always been in the baker's resource section: a small subset of brokers are short (these are not retail-facing brokers), some brokers out there act like hedgefunds and they take up directional positions by abusing the ability to sell shares without needing access to a market.

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