Astra Veda Corp (ASTAQ)

[VeronicaFox]

Wrong, it’s not rampant, that’s silly but it’s still erroneously claimed repeatedly.

For short positions in stock where the last sale price/share is less than $5, the maintenance margin requirement is $2.50 per share. Short 1,000,000 shares of ASTA, it’ll cost $2500, but the maintenance margin Requirement is $2,500,000. Maximum profit after fees and charges is about $1999. The broker reserves the right to pull the position at anytime - gains are CAPPED to 99% - losses can be INFINITE.

Think about it, what astute trader would risk $2.5M to make less than $2K? Tends to put a damper on the “rampant OTC Shorty” theory.

By the way, it’s Sykes. Not Sikes.

Of course, it is always rampant in the otc. Yikes Sikes.