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Thursday, August 19, 2021 9:26:20 AM
But anyway, regardless of that, it makes no sense to short a stock that is under a penny. It would cost you thousands of dollars in margin to make a few 10's of dollars IF the price dropped, and ONLY if it dropped. But for the same money, you could buy the stock and make MUCH more if it went up a click or two.
Why would anyone want to short a penny stock that can drop by half or double in the same day? Sheer logic says it would be suicidal for your portfolio because you CAN'T GUESS what any sub penny stock will do in a given day.
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