In the short term, you'll be paying more than 100 percent on your existing borrows, the shorts are looking for some extreme velocity. Ihor Dusaniwsky More Quotes by Ihor Dusaniwsky More Quotes From Ihor Dusaniwsky You wonder are traders maxed out on risk on Tesla. At a certain point you're gorged. You can't take another bite. Ihor Dusaniwsky top-news There is not much stock left to borrow and what is left is going out the door at premium levels with borrow rates of 45 percent to 75 percent fee today, there is virtually no stock left to borrow in SCTY which is reflected in the 100-percent-plus borrow cost of any scraps that have been traded today. Ihor Dusaniwsky mergers-acquisitions We definitely had demand-based pressure on rates and now, because there's almost no stock left, you have supply-based pressure. Ihor Dusaniwsky business All the monster hedge funds have their positions set. Now it's everyone else scrambling to pick up what they can. Ihor Dusaniwsky business We're getting to that point right now with GoPro. Ihor Dusaniwsky business No one can go and short a big block of stock right now. Right now, we're literally talking about dribs and drabs and the end piece of the pot roast. Ihor Dusaniwsky business
