pathdependent

I don't find this plausible. Is there any evidence to suggest that, during an emergency condition requiring cooperation, people continue to text and make calls? To quote Mitch Hedberg, "If you're flammable and have legs, you're never blocking a fire exit."

99% is an the annualized rate. There have been a few stocks with > 100% borrow rate. It implies most of the shorters don't expect to hold for a year (or don't realize the costs.)

As an indicator, my short position was closed out on Monday by my broker -- they couldn't find shares to borrow anymore.

Or just do a:

  val source = scala.io.Source.fromURL("http://news.ycombinator.com/item?id=3264849")