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Friday, August 06, 2021 9:28:48 AM
I've pointed out many times that shorting a penny stock makes no sense anyway. You'd have to put up millions of dollars in margin just to bet a penny stock was going to drop in share price. If you were successful, you could make a few hundred dollars. If not, you would have to buy at the higher price which would come out of your margin.
It is FAR easier and smarter to just use your millions to BUY the stock, and wait for it to go up.
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