Delcath Systems Inc (DCTH)

[Gator328]

Don't short. It's not worth it. There are more honest and decent ways to make a living, like prostitution or selling drugs.

Also, a lot of people don't realize what they are getting into when they short a stock, especially a penny stock. Margin requirements are really steep in many instances, and the interest rates on HTB shares are going to be through the roof, eating up a lot of your profits.

Not to mention you need a sufficient reserve; for example, Interactive Brokers requires you to have a % of your account in cash, or $2.50/share, whichever is greater.

So let's use Delcath as an example. Suppose you shorted 100k shares today at .20 and covered at .13, basically timed it perfectly. You'd need a minimum of $250k in your account to make $7000, and you would assume a ton of risk if your trade went sideways.

Or, you could take that $250k and go long a stock. In order to make the same $7000, you'd only need to make a 2.8% return on your trades.

There are lots of brokerages like Interactive Traders, SureTrader, etc that'll let you short a stock. But unless you join the herd mentality of a Tim S. or someone else who has a massive following that can influence a share price, you're better off finding good stocks and going long. Especially while we are still in an overall bull market.