InvestorsHub Logo
Followers 239
Posts 6861
Boards Moderated 0
Alias Born 01/21/2017

Re: Reluctant Observer post# 165199

Friday, 08/06/2021 9:28:48 AM

Friday, August 06, 2021 9:28:48 AM

Post# of 220559
Yeah, right. I've 'heard about them' for years, but not one person has EVER met my challenge to PROVE that they were able to actually short a penny stock.
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.