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Message
re: Fully Paid Shares Lending Program - Etrade
Posted on 7/28/21 at 11:32 am to Chucktown_Badger
Posted on 7/28/21 at 11:32 am to Chucktown_Badger
quote:
What am I missing?
They’re going to lend your shares to people that are trying to drive down the price of your stock, but they’ll pay you for it. You also can’t vote if the shares are actively on loan.
It’s not typically a ton of money unless you own scarce stocks.
1
Posted on 7/28/21 at 1:12 pm to slackster
quote:
They’re going to lend your shares to people that are trying to drive down the price of your stock, but they’ll pay you for it. You also can’t vote if the shares are actively on loan.
It’s not typically a ton of money unless you own scarce stocks.
I'm fine with it...I guess it's the old adage where if it's not me, it'll be someone else who they buy from. And who knows, maybe I can loan out my shares to someone shorting and then the morons from Reddit will try and squeeze them and I double dip
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