Cuentas Inc (CUEN)

[DrContango]

>>no one is going to short $1200 of stock at trip 2 hoping to cover at zero
the margin requirement, rate and risk make it not worth it<<

C'mon, Joe, speak for yourself!!!

I just shorted 6,000,000 shares for a maximum possible gain of $1200. I only had to put up $15,000,000 in margin to place the trade...

>>(c) Maintenance Margin
The margin which must be maintained in all accounts of customers, except for cash accounts subject to other provisions of this Rule, shall be as follows:

(2) $2.50 per share or 100 percent of the current market value, whichever amount is greater, of each stock "short" in the account selling at less than $5.00 per share<<

http://finra.complinet.com/en/display/display.html?rbid=2403&record_id=12855&element_id=9383&highlight=4210

Doc