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Re: kill_rogue post# 42052

Friday, 07/16/2021 10:17:37 AM

Friday, July 16, 2021 10:17:37 AM

Post# of 69238
Nobody is shorting this stock. It would not make financial sense in the first place, to short a stock that is about to take off. Shorting is BETTING that the price will decrease.
You can't short this stock anyway - your brokerage won't permit it. And, you'd have to put up $2.50 PER SHARE that you wanted to short, so to short 1 million shares, you'd have to put up $2.5 million in your margin account, and then PRAY the stock doesn't go up. Frankly, I have better things to do with my cash than put it into a margin account so I can make a couple hundred dollars IF and ONLY IF the stock drops. But again, some people believe anything, even if it makes complete nonsense.