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Nobody is shorting a .000 stock... yup, nobody.

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Just1MoreUpTick   Wednesday, 10/16/19 03:00:21 PM
Re: Blondetrader post# 150825
Post # of 151266 
Nobody is shorting a .000 stock... yup, nobody.

Do you realize the margin requirement to short a stock? It's somewhere around $2.50-per-share required in a margin account.

So let's do some math (ya know, because learnin' is fun)

1) I want to short 1,000,000 shares, current PPS .0006 = $600 in shares

2) In order to go short you will require $2,500,000 CASH in a margin account. $2.50 * 1,000,000

Who is truly going to risk 2.5 MILLION DOLLARS to make, at best, $500

Any talk of shorting in the OTC, especially penny/sub-penny stocks is pure BS, always has been, and always will be...

Quote:
excited they shorted the shit out of it yesterday



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