Thursday, March 15, 2018 5:16:30 PM
So after executing a trade to short 200,000 shares of NNVC as per the example provided (assuming 200,000 shares could be located for the purpose), the account would be required to have $500,000 worth of margin value in cash and equities as long as the short position was held.
And as of today the maximum return on that $500K in value (that the investor could not access for anything at all) is $180K and the downside for that investor is unlimited.
It has been a long time since I've taken a short position in any stock, let alone one that requires $2.50/share in margin value. The risk/return profile described above isn't the only reason, but it's a very good one. And I expect that it is a primary factor for the reduction in short interest in NNVC. Even the folks who think the price has further to go on the downside don't want to tie up the required account value. Positions are being covered without being replaced.
But can it core A apple?
Yes Ralph, of course it can core A apple.
Recent NNVC News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/09/2024 08:30:39 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 08/09/2024 08:05:25 PM
- NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • InvestorsHub NewsWire • 05/02/2024 02:07:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/16/2024 09:53:32 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/14/2024 09:55:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/19/2024 09:44:48 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 12/04/2023 09:08:49 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 10/13/2023 08:30:41 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 09/28/2023 08:44:54 PM
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