Right, gotcha. But the short in TASR shares simply accomplishes the arbitrage, which is trading at $1.50(before carry) $1.20 or so discounted for carry. The edge is robust and a certainty... I don't know how long it will last, but I guarantee that I'll trade flat if I can. riskarb
You know I think all these people out there that say they have short stock probably have a few hundred shares. I don't think there is any size out there. Probably a few hundred shares here and there.
I would venture to say that your 100% correct on that one Maverick. When I put the order in like I said it went live but I put it way out of the market. Howver that was the first time the order was not rejected from Terra Nova Online. Either way I seriously doubt that any real size is going to be able to short this stock without a ton of trouble or luck from the market gods. There simply are just not any substantial shares to borrow. I have 3 other brokers I use and at those other 3 I cant even place a live order to short TASR. So that really says it all.