Hello folks,
THIS GOES FOR ALL PUBLIC COMPANIES, NOT JUST TESLA - PLACE A BLOCK ON YOUR ACCOUNT(S)
Many may not be aware of this corrupt Wall Street loophole, when you sign a brokerage account, fine print in your contract allows the brokerage firm to loan out your shares to short sellers.
It's like buying a Rolls-Royce and you paying the loan, and the company turns around and loans the car out to another person while you are not driving the car and profiting off both sides at your expense.
Stopping Short Sellers from accessing your shares will stop a lot of the market turmoil.
Wall Street Corruption at some point must stop.
Don't wait, call your broker and DEMAND IT, they will be very surprised you are asking them and hesitant to freeze your shares.
THEY MUST FREEZE YOUR SHARES ESPECIALLY IF YOU HAVE A CASH ACCOUNT! DO NOT TAKE NO AS AN ANSWER!!!
IF YOU HAVE A MARGIN ACCOUNT AND DEPENDING ON HOW MUCH THE ACCOUNT IS WORTH, IF THEY DO NOT WANT TO LOSE YOU AS A CUSTOMER, THEY WILL FREEZE SHARE LOANING ON YOUR MARGIN ACCOUNT TOO.
THIS GOES FOR ALL PUBLIC COMPANIES, NOT JUST TESLA - PLACE A BLOCK ON YOUR ACCOUNT(S)
Many may not be aware of this corrupt Wall Street loophole, when you sign a brokerage account, fine print in your contract allows the brokerage firm to loan out your shares to short sellers.
It's like buying a Rolls-Royce and you paying the loan, and the company turns around and loans the car out to another person while you are not driving the car and profiting off both sides at your expense.
Stopping Short Sellers from accessing your shares will stop a lot of the market turmoil.
Wall Street Corruption at some point must stop.
Don't wait, call your broker and DEMAND IT, they will be very surprised you are asking them and hesitant to freeze your shares.
THEY MUST FREEZE YOUR SHARES ESPECIALLY IF YOU HAVE A CASH ACCOUNT! DO NOT TAKE NO AS AN ANSWER!!!
IF YOU HAVE A MARGIN ACCOUNT AND DEPENDING ON HOW MUCH THE ACCOUNT IS WORTH, IF THEY DO NOT WANT TO LOSE YOU AS A CUSTOMER, THEY WILL FREEZE SHARE LOANING ON YOUR MARGIN ACCOUNT TOO.