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Re: VeronicaFox post# 57023

Friday, 06/08/2018 9:52:12 AM

Friday, June 08, 2018 9:52:12 AM

Post# of 97228
NONSENSE...

https://www.investopedia.com/articles/active-trading/083115/who-actually-trades-or-invests-penny-stocks.asp

Short sellers: Astute traders know there's more to be made by short-selling penny stocks than by buying and holding them. Unlike hedge funds, however, these traders may lack the capital needed to withstand the occasional short squeeze. So they have to rely on networking and leveraging their experience and market intelligence to identify suitable short targets whose shares will decline precipitously from current levels. These short-selling traders are unlikely to be "contrarian" and short-sell a stock that's rising due to heavy promotional activity. Rather, they may pile on the short positions once the stock begins sinking, hoping to hasten its demise.