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S&P 500
5,304.72
(
0.70%
)
US TECH 100
18,318.00
(
0.95%
)
Dow Jones
39,069.59
(
0.01%
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Brent Oil
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(
1.06%
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Bitcoin
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(
1.16%
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russo123

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russo123

Re: truetrader post# 14777

Wednesday, 06/24/2015 1:32:58 PM

Wednesday, June 24, 2015 1:32:58 PM

Post# of 18904
that is absolutely true. mm's have an exemption to the short rules. always have.

however, the margin requirement on a .16 stock is huge, and the type of mm's that make a stock like uspr, do not have the type of capital to carry a large short position in a .16 stock.

do yourself a favor. look at the most recent 10Q for uspr. see all the converts they have. go read their recent pr's and see they recently did another convert.

this volume is coming from convert holders not shorts.

This post is my opinion and should not be used as investment advice.

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