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Re: Howzitgoing post# 19880

Thursday, 04/17/2014 5:41:11 PM

Thursday, April 17, 2014 5:41:11 PM

Post# of 48223
Retail shorting of trips is a forum myth - it just doesn't happen.

Even SureTrader has started with the $2.50 margin for pennys.

Plus, shorting is always used by paid forum pumpers to hide the fact it is insiders dumping that are suppressing the PPS.

It is similar to neophytes using the OTCShortreport to verify shorting.

FINRA states clearly that the only reliable source for short sales data is the Bi-Weekly report - why do you think OTCM uses the Bi-Weekly report?

Here is a example of the margin requirements:

The average investor can't or it is extremely difficult to short a penny stock - the margin requirements are just cost prohibitive. You have to have $2.50 margin per share to short a stock under $2.50.

If you want to short 500,000 shares of a stock at $0.004, you have to have $1,250,000 in your account, and 500,000 shares at $0.004 is only $2000.

The good thing is you won't get a margin call unless it gets over $2.50.

Hope this helps you have a better understanding of the shorting.

IG


It's easier to fool people than to convince them that they have been fooled