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Re: TREND1 post# 253

Monday, 08/03/2015 6:04:27 PM

Monday, August 03, 2015 6:04:27 PM

Post# of 538
You can not hold a short position forever.
The borrowed shares can be called back at any time,you may have to pay hard to borrow rates which are variable and your potential loss is unlimited.
ITEK has a float of 16 million shares-- that is VERY LOW.
A short squeeze with limited liquidity is a recipe for disaster.
Be careful my friend. I would only short this stock for only a few days,not more becUse the inherent risk fAr out ways the over valuation.