Wishful thinking !
But SVFC is no dot .com company and never will be do to Massive drug companies billions of dollars with synthetic drugs leading the way with health care use and applications.
What makes sub pennies so DANGEROUS ! Are the companies needing immediate cash for running business operations, leaving the small investor penniless in the process.
You can dream :) about what could be, but understanding stock splits is truer life than wishful thinking about potential wealth owning a stock.
1/100 stock split is how they prevent you from prospering and they can do it anytime necessary to keep you out so enjoy those cheeseburgers and fries.
All your getting from any penny,especially Sub Pennies! Is a no win most generally.
Great companies shouldn't be shorted if this is the case.
Can the company be taken over?
A possible takeover should transform the shorts into their own put special, or you should just not play at all.
Also, never short because of valuation.
You need some number,some report,some competitor that could come in and wreck the margins.
Without a specific, objective reason to turn the buyers head around, you must remember that stocks that go up gain adherents and Chartists.
They will ride these winners until something fundamental happens to break the overvaluation.
If you don't know what that is, don't short.
You may not live long enough to collect the gains.
Just my opinion hope if makes sense without being too negative.
Peace,
;)
