Maintaining a short position on hard to borrow stocks

Discussion in 'Trading' started by kinbox, Nov 27, 2008.

  1. kinbox


    ET has been a wonderful goldmine of information for me. Thanks to all for that!.. Here is my first post and a question:

    Is it possible to maintain a short position on a hard-to-borrow stock by continuously covering and re-shorting it at T+3.

    I mean if I short a hard to borrow stock on day 'T' and suppose it cannot be borrowed within T+3 time, can I cover my original position and re-short it on day 'T+3'?

    What are the drawbacks and is it allowed at all?