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Re: blademan post# 70785

Friday, 03/26/2021 10:49:40 AM

Friday, March 26, 2021 10:49:40 AM

Post# of 95937
Not SUB-Penny!! (Actually, I believe I read that they DO but it's only for a few SECONDS to facilitate a trade.)

Anyhow, I've asked the question elsewhere to get the OPINION of those with far more knowledge than I am about it.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160964807

Anyone know/heard of ANYONE who's ever shorted SUB-penny stocks?

Yes, Tim Sykes, Michael Goode, and some others. It isn't all that popular a strategy, because it's hard to get borrows and the associated costs are high. The possible risk is even higher, since any penny stock, however slimy, can run big at any time.

SUB-penny?

Nooo. Not subpenny. They usually choose bad stocks that are over a dollar. Or are at least 75 cents or so. And even in cases like those, it can be problematic.


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159741933

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162697663



Ultimately, you can believe what you want, of course and I'm not going to debate it. But to me, the "MMs shorting" is mostly used as a scapegoat when a ticker isn't doing well.

glty


My posts are just my OPINION(S) and MUSINGS at the time of posting them and are subject to change.

Remember, you don't profit until you sell!