Lots of good info. I'm not sure if it was you(Portee) a few months ago that mentioned brokers couldn't loan your shares on a pending sale but I took it to heart. Two months ago I put a "good till close" sell order in for all my shares at $10 (some banks only allow a certain percentage higher than the current SP but tradefreeom allowed me to put the order in for $10). The GTC orders are only good for 90 days I think but you can just renew them.
Either way I think if everyone did this it would really cut down on the naked shorting and shorting in general on KXL. It may be "illegal" for people to conspire to do this but I'm not certain. I don't think there is anything wrong with doing that but if they could prove everyon was directly working together it might be an issue. Otherwise its pretty much your choice what you sell your shares for from what I understand.
Any insights on this?
Thanks,
Gamblor.