SPOOZ Inc (SPZI)

[Mr Smith 34]

Mr Snow Contrary to several posts, I was not denying that short sales take place. My point is that selling short is a very risky venture in the OTC and even more so with SPZI. I'm sure you know all of this, but you asked my opinion and this is my rational of why I think shorting SPZI is a rare occurrence.
First, you will need to find a broker that is inclined to lend shares. Some require a minimum pps deposit or other means of security so the broker is not left holding the bag if you default. If you do find a broker, what other costs (processing, interest, etc) will you incur to secure these shares. With these costs, and the SSR, the potential reward from shorting is just not worth the risk. Another problem is the illiquidity of the stock, I do not believe that enough shares can be "shaken free" by a few negative posts on an anonymous message board to cover large short sales. Finally, this stock is extremely "news sensitive". As witnessed recently, company news can be released at any time and prices spike accordingly. It would take a trader with a extremely high risk tolerance to trade short in SPZI
As for the motive of anyone on this board, I have no Idea. Between the deification of management and the outright rude and obnoxious behavior, I don't have a clue why anyone does anything. This board gives me a headache.