Predictive Technology Group Inc (PRED)

[zhangguangming]

In the stock world it’s an accepted fact that shorting has a max gain of 100% if the stock goes to zero, with potential unlimited losses ie you theoretically can lose all the money in the world but your broker will obviously close your position or give you a margin call or something but it’s still theoretically possible to lose a gazillion dollars on a short.

So your example of short at $15 cover at $3 so you reversed quadrupled your money doesn’t work here. The stock didn’t go FROM 3 to 15, it’s the other way around so in the shorting world the % gain in your example is 12/15 ie 80% gain.

Just google “max gain on a short “ and you will see the max is 100%