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Re: onthegreen post# 32041

Friday, 08/15/2014 11:07:49 AM

Friday, August 15, 2014 11:07:49 AM

Post# of 42643
Again feel free to check my facts and the market has nothing to do with the cost. I crack up at the lack of general knowledge people have when it comes to investing. Bottom line nobody pays more for the borrow than they would recieve for the short.

No I do not own any shares of ANAS right now, I dont get stuck if I dont like it I sell it. I can afford the loss if I need to take one. Been doing this a lot longer than most and still at it.

My point and you seem to have missed a big part of it is the borrow cost per share which will exceed .01 per share. It doesnt matter who you use for shorting show me one with a lower fee. Second the broker has to have shares on hand to loan and 3rd you cant afford to hold them longer than a day trade the overnight fees will eat you alive.

So if you are rambling about POT stocks tanking that has more to do with lack of substance from companies and investors getting tired of missed deadlines so the sell dilutive shares back into the market. Shorting a sub penny is not economical.

Your general lack of knowledge on a subject you bring up seems to tell me you dont short and you only regurgitate what others say. ANAS not being shorted sorry no stock trading under a penny is being shorted.


All my posts are my opinion Do your own DD before you invest. Dont invest unless you can afford to lose your entire investment.