Re:Nikola Denies 'Fraud' Allegations, Threatens Legal Action...
by thrill on Sunday September 13, 2020 @12:32PM
(#24461966)
Not quite. Short sellers have to "borrow" shares from your broker, who is on the hook to replace them if the short seller cannot.
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Re:Nikola Denies 'Fraud' Allegations, Threatens Legal Action...
by bluedevil2k on Sunday September 13, 2020 @02:04PM
(#24462680)
Even more clarification, they loan the shares to the short seller from individual brokerage accounts without most of those individuals even knowing.