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Friday, July 22, 2016 12:57:30 PM
As of the end of June, there were only 12,380 shares held as a short position, or less than $400 worth of stock.
Even if HEMP were to double from here -- which it won't -- the shorter(s) would only lose $400.
Cosidering the large margin requirements to short a $0.03 stock, why would someone who could afford to short HEMP -- and could find a broker who would let them do so -- be nervous about losing $400 due to a series of events that won't happen for several more months?
And why would they maintain a margin-intensive short position that would only net them another $400?
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