ABK 90% interest rates for shorting

Discussion in 'Stocks' started by 113399, Jul 13, 2010.

  1. 113399


    I have a short position in ABK but the last days the interest rate is about 90%. I think it will have another leg down but would like your opinion. Any thoughts why the rates are so high? Is it because the collapse is imminent and the holders want to make as much as possible or something else?