Tuesday, February 09, 2016 10:55:37 PM
You can find the ACTUAL short interest here:
http://otce.finra.org/ESI
Here's some reality, explaining why NOBODY really shorts these things. The expenses are WAY too high for such a tiny return:
Each brokerage firm's requirements can vary, and most legitimate brokerages refuse to allow you to short stocks like DEWM at all. Still, here's a typical example of what is required to short DEWM at one typical firm:
https://suretrader.com/trading-fees/margin-fees/
Now... think about that. DO THE MATH! To short a million shares of DEWM, you'd need $2.5 MILLION in equity in your account.
What's your MAXIMUM profit in shorting a million shares of DEWM? About $2,800 (less commissions, expenses, and taxes!)
So, you tell me. You'd need $2.5 MILLION in your account to make, at most, $2,800
WHY BOTHER????
And... that's why NOBODY shorts these POS scam stocks.
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