Friday, March 17, 2023 10:58:19 AM
Granted there aren't many OTC registrants that trade over $1. But, given that the $2.50/sh margin requirement is hard and fast, the risk/reward ratio makes shorting cheap stocks illogical and gets worse with lower stock prices.
There is no way a single trader is dumb enough to risk, say, $30000 in marginable securities to short $100 worth of this company. EVER.
Or, if a trader wanted to short $10,000 worth of DBMM, good luck finding a single penny trader with $3 milllion worth of marginable securities in his account.
Chew on that.
Recent DBMM News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/15/2024 08:30:45 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 04/15/2024 08:54:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/16/2024 09:32:32 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 11/29/2023 09:31:08 PM
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