InvestorsHub Logo
Followers 19
Posts 4591
Boards Moderated 0
Alias Born 08/24/2004

Re: Magnum7419 post# 24092

Sunday, 05/09/2021 5:20:35 AM

Sunday, May 09, 2021 5:20:35 AM

Post# of 24782
Then look through the history, does OZSC have a history of short selling... ( the answer is no ). As with virtually all of the OTC Shorting penny trash is simply too expensive and risky.

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.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent OZSC News