Trade zero and shorting

"4x average charged locate rate for 1st night, additional days charged at 1x average charged locate rate."

https://us.tradezero.co/pricing

That's expensive.
Use to be 7x they lowered it after I made a rant on ET! Was charged $500 for one night. Thank god, I did make enough on the short to cover the fee. Perfectly timed the offering to be released the next day.

Learned my lesson to never hold HTB overnight.
 
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Also, I'd refrain from selling back locates until you're 100% certain you won't be needing them.

They take it from you for a miniscule % of what you paid and just relocate it back to customers for instant profit.

It's a shady business tactic!
 
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