Thursday, December 05, 2024 5:26:50 PM
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
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
The First Casualty of Emotion is Reason.
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