Mind Solutions Inc (VOIS)

[drone11]

can someone calculate how much money it would take to short 400,000,000+ shares?unfortunately my calculater doesn't seem to working properly. That doesn’t seem so awful, does it? However, what if you had wanted to short 100,000 shares of LSMJ when it was sitting at .0012 a week or so ago? LSMJ is now at .0003. Ah, seems like you would have made some nice change.

However, to short 100,000 shares of LSMJ you have to have $250,000 in your account ($2.50 x 100,000). If you had shorted 100,000 shares of LSMJ at .0012 and covered at .0003, you would have made $90 (.0012 minus .0003 X 100,000 = 90). You made a profit but it isn’t really a killing.

Ok, let’s short a larger amount of shares, 1 million at .0012. This time your profit would be $900. It’s decent money but you would have needed $2,500,000 in your account.

Let’s say you want to increase your profit to $9000, so you need to short 10,000,000 shares. To do so you must have $25,000,000 in your account. I don’t know about you but if I could afford to put $25 million in my brokerage account, I wouldn’t be fooling around with penny stocks. I’d be cruising around on my 200-foot yacht.

Let’s say you shorted 100,000 shares of a stock at .0050 and covered at .0005. Your profit would have been $450 (.0050 minus .0005 X 100,000). Hmm! $450 is ok but you won’t get rich doing it this way.

If you had shorted ten times as many shares, 1 million, your profit would have been $4500. $4500 is nothing to sneeze at, but you would have needed the $2.5 million in your account again...............http://www.rapidstockprofits.net/showthread.php?t=34