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PAUL_MARKOWITZ

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PAUL_MARKOWITZ

Re: Whitebread15 post# 1897

Wednesday, 06/17/2020 3:41:04 PM

Wednesday, June 17, 2020 3:41:04 PM

Post# of 3543
If you short $20,000 worth at 3.60, you would short 20,000/3.60 = 5,555 shares.

Stock drops to 0.15, you cover the short (buy back) the 5,555, shares at 0.15 = 5,555 * 0.15 = $833

So you make 20,000 - 833 = $ 19,167
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