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Tuesday, July 18, 2023 10:00:48 AM
38,000,000 x $2.50= $95,000,000 margin requirement would have been needed
Deliberate ignorance is a culturally-induced phenomenon, the study of which is called agnotology.
The $2.50 rule is a rule that affects short sellers. It basically means if you short a stock trading under $1, it doesn't matter how much each share is — you still have to put up $2.50 per share of buying power. Sep 2, 2022
TSOI only had about 38,000,000 in short volume yesterday
Simple math verifies agnotology
38,000,000 x $2.50= $95,000,000 margin requirement would have been needed
" 1st leg recorded as short until 2nd leg completed "
This is the part that a lot of folks just don't get, when touting that CLICK BAIT site. (OTC ShortReport)
They can take an order and fill it without actually having the shares to sell, therefore it is short, but usually for seconds, until they get the shares from somewhere else. Then the "short" is closed.
Not at all a true short sale.
#You'veBeenSchooled
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