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Re: noradio post# 124270

Thursday, 12/05/2024 5:26:50 PM

Thursday, December 05, 2024 5:26:50 PM

Post# of 161431
No one shorts a sub-penny stock - and it is extraordinarily rare to the point of being non-existent.

It is obvious that you don't understand how shorting works.

First you need to know the difference in short interest and short volume - pumping sites like the OTCshortreport use short volume to dupe novice investors.

You will have to have a margin account and pay the margin maintenance fees - then you will have to find a broker that will loan you the shares to short and there is a borrow rate fee.

Most discount brokers don't allow shorting any stock below $2.50 .

That leads to the $2.50 rule.

Which means if you borrow 1 million shares to short you will need $2.5 million in your margin account and that is dead money until you close your short position.

As for Naked Shorting that is hilarious - there isn't any failures to deliver and HUMBL has never been on the Reg SHO Threshold List which means no naked shorting.

IG

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