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Sunday, March 21, 2021 10:33:47 PM
And that only happens if the stock dives, and you make maybe $150 on the short bet. Who puts up over a million dollars on a bet that a penny stock will drop and make a measly $150 if it happens.
No one. That's why all you people that claim shorting penny stocks, even if you had a broker that would permit it (none of them do), are blowing smoke. The numbers don't support shorting them. You would be FAR better off simply buying stock and hoping it goes up, than betting your bankroll that it would go down, and you'd put up millions of locked up dollars to make that $150. BULLSHIT. If you really think that, you haven't done the numbers. There is no way to mathematically short penny stocks and win, which is why brokerages don't permit it in the first place.
People, educate yourselves.
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