jp morgan are lending their stock out to shorters.
Such a stupid practice imo.
The poor fund holders see their stock lent out to the shorters for a small fee to the fund manager and then also see there stock shorted.
This has been going on with BTU for a long time, particularly since the market new that Mathews was a distressed/forced seller.
As long as there is uncertainty with this stock this painful practice will continue.
jp morgan are lending their stock out to shorters.Such a stupid...
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