Quote:
Originally Posted by JSH
When you short a shock you borrow the shares, sell them, with a contractual agreement to replace those shares within a specific time. However, the person you sold the shares to can also loan them to someone else, who loans them to someone else....
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That makes sense. Thanks.
Again, 260% of float was short. What happens when it's time to replace the borrowed shares and there just aren't enough to go around? How is that possible?
(Assuming the contracts all have the same end date)