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Re: codie post# 70904

Wednesday, 10/29/2014 2:13:08 PM

Wednesday, October 29, 2014 2:13:08 PM

Post# of 80866
Wow 50K profit! That's fantastic Codie, congrats! Just by shorting this stock? I didn't know people did that. Do you think others on this board are also shorting the stock?

It's funny, because I can never find any shares to borrow when I tried. And from a high of around $13 to a low of $6 about two years ago, if you shorted perfectly, you would have to short over 7000 shares and time it perfectly. That's really hard to do, I can't believe you did it so well. Are you a professional trader? I can't believe you spend all your time just on MSLP's forum according to your posting profile. With your skills, I would imagine you could make a lot more money playing stocks like NFLX or TSLA or playing options.

How much money does your broker require to short an OTC stock? What kind of margin requirements do they have? What brokerage allows you to short that many shares?