
257: David Capablanca - Crafting the Art of Shorting Scams
Chat With Traders
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The Risks of Short Selling HKD
HKD is a Chinese stock based out of the Cayman Islands. The borrow fee rate was over 1,000%. Even if you hold it overnight and the broker doesn't buy it in, you're still going to lose on the borrow costs because it's so expensive. There were some that were not as thinly traded that I could short,. HKD's parent company, AMTD, which had a higher float.
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