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re: How do you "borrow" someone's stock share and sell it?
Posted on 1/28/21 at 1:43 pm to BFIV
Posted on 1/28/21 at 1:43 pm to BFIV
quote:
In that case, why would I even allow someone to borrow my stock and sell it if I don't make a profit or suffer a loss? What's in it for me with my 3 shares?
The lending is mostly done by brokerage firms. They're not unlike a bank providing a loan. The person or firm that borrows the stock pays them interest plus maybe a transaction fee for the "loan".
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