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SwingTrading JarHead, who's favorite color is GREEN
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8 SecondsOP : Shorts are paying a premium at 78% borrow fee
GM94 : Means
102098062 8 SecondsOP: im new what does this mean
8 SecondsOP : It means that as of yesterday, there were 3.5 million shares available to borrow with a fee of 78%. The price action is moving up, not down. So they will have to cover and buy back in at a higher rate and pay the 78% fee.
102098062 8 SecondsOP: nice thanks my g
