Feb. 4 at 6:48 PM
$BNKK Freaking ridiculous. The CTB should be 400% plus.
BNKK has barely 30,000 shares available, yet the borrow fee is bouncing between 126% and 140% like a game of numbers. Anyone looking at this would think shares are easy to get, but the float is long gone and synthetic exposure is massive.
Every update from IBKR shows the same tiny pool of “available” shares while the fee drifts up and down. If real shares were actually returning, the rate would crash. It hasn’t.
This is why the tape is so manipulated. Scarcity, synthetic shorts, and absurd borrow fees create the illusion that the market is functioning normally. Retail thinks it’s just another day, but behind the scenes, brokers are scrambling to keep the cheat alive.
In the meantime, Cornholio still gets great pleasure knowing they’re paying absorbent fees to keep their positions open.
