Re:Discord bans r/WallStreetBets server, subreddit went priv...
by DSingularity on Thursday January 28, 2021 @04:47AM
(#25940034)
I thought only market makers can short sale without the share. Is that correct?
Re:Discord bans r/WallStreetBets server, subreddit went priv...
by OJFord on Thursday January 28, 2021 @03:38PM
(#25948802)
Yes, it's not generally something for a retail trader to worry about, since the broker is providing the borrow (or disallowing the trade saying it's unavailable, as many have probably seen with GME), but hypothetically if you managed it it's generally not allowed.
Naked short is selling without even borrowing it.