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KanadienEh

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KanadienEh

Re: Iowa Dutch post# 198395

Friday, 08/21/2020 7:44:19 AM

Friday, August 21, 2020 7:44:19 AM

Post# of 232827
You don't short penny stocks with option contracts unless your an absolute fool with very deep pockets.

Shorting a penny stock is more of a bull/bear issue.

Shorts are sellers. They drive the price down. Facts are irrelevant, the only thing that matters is having enough money or shares to move the price.

A short/bear sold 250k at EOD yesterday. They did that when a bull was acquiring 1 million shares.

Bears vs bulls.

Today will be more of the same.

The bulls now outnumber the bears...by a significant margin.

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