I was going to call this post "sell you shares!" but that might cause some alarm - which is not what I intend to do.
But what I recall reading somewhere that if you have your shares for sale but at some %premium (ie. 50% or 100% above market) then your brokerage can't use them for short selling.
My brokerage (online) automatically deters this strategy by having a default variance above (and below, but something probably like 25%) the current price, and by having stock orders only be in effect for 30 days.
However, wouldn't the strategy work ( in theory). It would certainly reduce the float for short sellers (the legitimate ones that is).
Also if we contacted our brokerage, could we direct them to Never use our shares to short them against us?
All I know is that when gold goes to all time highs buy December of this year, and AUM is still wallowing in vomit at $5-$6 per share - it will NOT make me a happy Christmas elf.
Thanks for the posts everyone. We will persevere, and we will be rewarded!
I am an optimist :)