InvestorsHub Logo
Followers 8
Posts 228
Boards Moderated 0
Alias Born 02/06/2014

Re: sugar4048 post# 62636

Sunday, 03/15/2015 2:05:53 PM

Sunday, March 15, 2015 2:05:53 PM

Post# of 111920
Shorts? Nobody is frickin shorting this. Do you even know it requires 2.50 a share in account equity to short? Or that most brokers who allow shorting hard to borrow shares charge fees of .001-.003 per share in top of commissions?


I'm gonna put up 2.5 million in capital to short a stock that was at .0030 and pay fees of .001 per share for the short and then .001 for the cover for a total of .002 and make .0002 per share when this goes to .0008 on a million shares that's what: 200 bucks profit riding it short from .003 to .0008 ~ that's what I'd call proper usage of investment capital. Not to mention other rules such as T-3 and a possible charge of 1% per day of total value held.

The amount of retardation here is thick to say the least. Get real.