News for hackers. Stuff that matters.

A comment on The Battle of GameStop. Parent comment

Re:The Battle of GameStop by PartiallyTyped on Tuesday January 26, 2021 @09:55AM (#25916385)
It costs nothing to hold. They have to choose between a hail Mary and closing.
[ Parent | on HN ]
Re:The Battle of GameStop by jeffbee on Tuesday January 26, 2021 @10:07AM (#25916528)
This is not right. There is a daily fee to borrow any stock. It varies by issue and it changes over time.
[ Parent | on HN ]
Re:The Battle of GameStop by PartiallyTyped on Tuesday January 26, 2021 @10:14AM (#25916614)
I was referring to 'us' holding the stock not costing us. They need to pay millions on holding their position open.
[ Parent | on HN ]