iTalk Inc. (fka TALK)

[21ZNA9]

Read WHY this FRAUD is NOT SHORTED. Scam company making any excuses to dump shares. Stay away from this frontloaded con.

LOL! $2.50 a share EACH if you could short but of course you cannot borrow any because you cannot sort anything below .01.

Why this SCAM ISN'T SHORTED.

The Trade cycle is Trade Date plus 3 days for settlement, Daily Reg SHO only shows the Initial leg of each transaction and doesn't reconcile based upon settlements made seconds later as the trade has yet another 3 days to settle.
For all stocks below $2.50 - for every share you borrow to short you have you $2.50 in maintenance margin or your margin account. So if you call your broker and ask to borrow 1 million shares of TALK to short - after they stop laughing they will ask you if you have $2.5 million in a margin account. Contrary to popular Ihub myth, cash accounts can't be borrowed against