$SOFI Todays SOFI action is an example of the damage that can be done when people loan share to brokers for short sale. The small gain from interest is nothing compared to a drop in share price. In many cases the short seller returns the shares on the same day so no interest is charged to them. On a longer term basis stocks that are shorted at this level become unattractive to long term investors. What are your thoughts?
2
4
4 Likes