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Re: kittie88 post# 109205

Monday, 09/04/2017 10:27:39 PM

Monday, September 04, 2017 10:27:39 PM

Post# of 183214
True. Look at this way if you short a stock at .01 what is the maximum profit if it went to .0001. It would be about 100%. We see penny stocks run up a 100% ever day. A $1000 investment to short a .01 penny stock would cost you ($1000/.01=100,000 shares x $2.50 = $250,000 in margin plus daily interest). All for a chance to make a maximum of $1,000 profit. The margin interest would cost you way more than you could ever hope to make.