Re: Looking for holders willing to loan shares listed on GLBSE.
If you think the media will do a positive story about a stock exchange where child porn is hosted you are severely deluded.
Alas, this is one of my problems with Mircea's exchange.
I don't care about the porn. I don't care that Mircea doesn't care.
However, I am intelligent enough to know that other people do care - what is hosted in parallel reflects on MPex. If I was in a position to aggressively promote my competing bitcoin stock exchange I could at least get it its own domain.
Stop and think for a moment. Do you want to keep your money with the strong or with the weak?
I don't care about the porn. I don't care that Mircea doesn't care.
I think he does care. This whole exercise of borrowing shares is to be able to write CALL options without being naked, right?
I might consider lending some shares, but could you explain what you are considering paying to borrow them? If the shares pay out dividends, do I get them or do you?
That'd depend on the exact arrangement, but in general you get the dividends + a weekly %. There's a link above to an example contract.
I won't lend you anything, but I would be willing to sell you some put options on NASTY shares if you were interested in short exposure to my asset on GLBSE.
Not really, but in any case it's meaningless to buy PUTs from the underlying issuer. If your asset goes bankrupt your PUTs pay how?