Rocky Mountain High Brands Inc (RMHB)

[pitts77h]

More stupidity from the "Official" site:

The [shorts] reek of desperation.

I dunno... I don't think there are many - if ANY - people short this POS, but if they were I'd say they were minting coin, and quite the opposite of desperate. I'd say they were rich.

Anyone who believes there is an army of traders short RMHB doesn't understand what's actually involved in shorting penny stocks. I know it's a favorite conspiracy theory of penny stock CEOs looking to blame SOMEONE for their failures but.. it really doesn't happen much.

Next time someone blames "the shorts" I suggest you ask them to explain the $5 rule. If they can't.. you can safely ignore them

For short positions in stock where the last sale price/share is less than $5, then the maintenance margin requirement is $2.50 per share or 100% of the stock value, whichever is greater.

Do the math.

If you want to short 1,000,000 shares of RMHB, you have to put up $2,500,000

Your maximum profit will be $22,000. That's LESS than a 1% return.

Now you know why tales of "shorts" ganging up on poor little companies (like RMHB) are complete BS, and why anyone blaming "shorts" for a stock's decline is either ignorant or a liar.