been a "read only" member for a while now ... got 10k shares at .27 and another 5k at .31 .... i try not to get caught up in the day to day, but this volatility is tough to ignore ...I feel this seemingly legit and novel company has enormous long term potential, however i have a problem... I am lost....will someone please humor me with a laymen’s terms explanation of "shorting"?
I get that they basically bet against the stock, but how? and how does this process seem to constantly limit the daily potential and outcome? What is the signifigance of the % shorted?
I admittedly have so much to learn.... lets just say i believe in the "product" at the center of all of this, had some money dormantly sitting in a mutual fund, and bam MJNA
what are my PPS limits at this point? both ways?
thanks to all for all of your commitments, opinions and postings , i read them all
GLTA and MJNA long