Does setting a rediculously high limit order for your shares blocks short sellers from borrowing your shares?

May 15th, 2009 | Posted in Investing   Comments Off
Jimmy B asked:


I just read that if you set a very high limit sell order for your shares it blocks short sellers from borrowing them…
(This would be a very useful tactic when trading microcap stocks with low outstanding shares…because a large position holder would be able to stop market makers from shorting at any given time)
Is this true?
Please provide links to your sources if you can

LEONARD