News Focus
News Focus
Followers 124
Posts 49301
Boards Moderated 0
Alias Born 09/06/2012

Re: bar1080 post# 175050

Saturday, 07/11/2020 1:45:44 PM

Saturday, July 11, 2020 1:45:44 PM

Post# of 234046
Over 300% loan rate for the highest rate in the article?

that is kids stuff

in the last year I saw a stock that had a 20% loan rate, increased to 50%, then 75%...and up and up to: 920%

no kidding

scary stuff for short sellers


Muddy Waters doesn't short stocks simply because they're_"too_high." If you want to successfully short, first become expert at reading filings, and especially accounting-related footnotes, the excruciatingly boring stuff that requires knowledge and hard work. 99.9% of local penny flippers won't do that. Plus obvious short candidates -- Chinese junk for example -- can be very costly to borrow.

Never short a stock just because it pissed you off.

Good article on SA recently: "'Obvious' Shorts: The Highest Borrowing Fee Stocks In The U.S. Market Of May 2020"
https://seekingalpha.com/article/4350282-obvious-shorts-highest-borrowing-fee-stocks-in-u-s-market-of-may-2020

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today