Sunday, May 09, 2021 5:20:35 AM
1) The margin required is massive. Probably over $1 per share. Who in their right mind would set aside say $10 million in cash, just to short 10 million OZSC at a penny.
2) The margin is high because the risk is high. Pick the trashiest scummiest stock you can find ( say OZSC ) and see its still capable of rising / falling by huge percentages every day. I feel OZSC is a scam stock, and will in the end reach zero. Even though I strongly believe Im right, I would be mad to short it.
Finally the short interest you do see ( tiny ) is not retail. Its just the loose change from the MMs as they fill their trades. Some end the day slightly long, others slightly short. They try to be as close to zero as they can, but its never perfect.
Recent OZSC News
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 01/29/2024 05:15:18 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 01/23/2024 09:59:05 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 01/12/2024 09:56:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/18/2023 08:15:19 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:00:50 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 03:33:21 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 07/07/2023 09:28:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/30/2023 09:24:00 PM
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