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Re: staynafloat post# 201427

Friday, 11/28/2014 7:50:57 PM

Friday, November 28, 2014 7:50:57 PM

Post# of 347753
Right, I'm not denying that hedge funds short penny stocks, but I am referring specifically to sub-penny stocks. It's one thing to short stocks trading at .01-$4. It's another to short a stock trading at .0031. The latter is just dumb, because there are far too many alternatives for people with that kind of money to make more money with less risk. Bottom line: Shorting of sub-penny stocks is a myth invented to cover up insider selling and dilution, which is the only reliable means for making money on these types of stocks.