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No. of Recommendations: 6
nobody should be allowed to sell my property without my consent. Borrowing without my knowledge, selling without my knowledge and selling cheap driving the price down and buying it back at cheaper price, replacing my stock and pocketing the difference is unacceptable.

The fine print in margin accounts gives the broker the right to lend out your shares and to keep any rent he might collect.

Short sales are done with the consent of the owner -- the lender of the stock.

Denny Schlesinger
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