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Post# of 292789
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WebSlinger

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Re: EOT post# 247374

Tuesday, 10/04/2022 10:17:46 AM

Tuesday, October 04, 2022 10:17:46 AM

Post# of 292789
<< KBLB is being shorted on small trades making $50-$100 each lol. >>

That is a ridiculous statement.

First, there is a margin cost of $2.50 per share for penny stocks.

https://www.finra.org/rules-guidance/rulebooks/finra-rules/4210

So in order to buy $100 worth of stock (or about 2,000 shares), someone would have to ante up $5,000. Almost nobody in their right minds would do that.

Second, that "short report" mostly contains "short" shares from MMs (market makers). An MM can "short" a stock during the day for a short while in order to provide liquidity for the stock.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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