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Re: DimesForShares post# 278020

Monday, 06/17/2024 10:24:12 PM

Monday, June 17, 2024 10:24:12 PM

Post# of 279898
"It is very difficult to short penny stocks on the OTC. Most brokers don’t allow shorting them and the ones that do charge more in fees than the profit one would realize. The margins can be huge as well. "

Yes. True for the average law abiding investor. But the manipulators that do it are offshore using omnibus accounts that have the capital to do it. It is definitely NOT John Q. Public that's doing the shorting. No one should trade on the OTC without knowing what a cesspool it is.

Here's some light reading on the subject:
https://www.sec.gov/comments/s7-29-22/s72922-20153799-321641.pdf

I’m M4N and I approve this message!

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