InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
60,858.04
(
0.91%
)
Post# of 13692
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

LouisDesyjr

Send PM Follow Ignore
Followers 48
Posts 2095
Boards Moderated 0
Alias Born 02/08/2011

LouisDesyjr

Re: Smilin_B post# 6685

Monday, 02/15/2016 11:12:17 PM

Monday, February 15, 2016 11:12:17 PM

Post# of 13692
Too late to short, its under $5/share

It is too late to short. Most brokers will not allow the opening of a short position below $5/share.

Put options will not work either since the lowest strike is $0.50 and the smallest increment for options are $0.01. The time premium would make it impossible to earn anything.

If, by some miracle it gets back to near $0.50/share, then it might be possible to get some put options with a reasonable about of time to go, before they go bankrupt; but I do not expect that to happen.

Louis J. Desy Jr.



Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up