InvestorsHub Logo
Followers 184
Posts 35889
Boards Moderated 0
Alias Born 08/05/2004

Re: Hawkeye11 post# 65615

Saturday, 11/28/2020 5:57:42 PM

Saturday, November 28, 2020 5:57:42 PM

Post# of 90602
There is no shorting in OPTI, or any pinky penny stock.
First off I doubt you could find a broker that would allow it, and save the offshore broker baloney they must adhere to the same US regulations as US brokers.

There is a thing known as the $2.50 rule.
This means you have to put up $2.50 PER SHARE to short a stock.
Plus the cost of the shares.
So it would cost you $250,000.00 (two hundred fifty thousand dollars) plus the cost of the shares to short 100,000 shares of OPTI.
And 100,000 Shares isn't going to impact the price one little bit.

"It is easier to fool someone, than to convince them they have been fooled."