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by toomuchtodo 2939 days ago
It ties the shares up as an open order.

https://www.quora.com/Is-it-true-that-putting-a-high-limit-s...

1 comments

This link does not provide evidence that it would prevent broker from lending out your shares. This “lock” is only placed internally in the broker’s internal system, there is nothing preventing the broker from lending out your share anyway. If they can’t get your shares back in time before your order triggers then they would just compensate you.

Where did you get this idea from, anyway?

I confirmed it with my broker. They answer any questions I might have pretty quickly.