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Re: pantherj post# 16666

Friday, 03/23/2018 2:34:02 AM

Friday, March 23, 2018 2:34:02 AM

Post# of 24613
pantherj ==> an excellent post / well stated. now if only we could turn you into a RJDG bull. :D (kidding)

It makes no sense whatsoever. The most a short could make on RJDG by shorting 10,000,000 shares (as of today) is around .013/share if the PPS dropped to .0001. In the meantime if the PPS goes to .03, .05, .10 the short would lose monumental amounts of money trying to cover. In the meantime, the shorter would have had to put up $2.50/share for the privilege 0f taking the most asinine risk conceivable.

Actual #s: Short 10,000,000 share. Possible profit: $130,000.00 (less costs)

Possible loss at .05/share = $370,000.00
Possible loss at .10/share = $870,000.00
Possible loss at .25/share = $2,370,000.00

That doesn't even include the costs incurred putting up the $2.50/share ($25,000,000.00)

BTW, GRUB!!)


Buy companies with cashflow, execution & undervalued mkt cap. Don't base knowledge on what someone said on a message board. Don't use stop losses- EVER. Lock your shares by placing GTC sell at high price, MMs & shorts cannot borrow them to affect price.