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Re: ThomCa-ching post# 4887

Wednesday, 02/24/2010 1:58:13 PM

Wednesday, February 24, 2010 1:58:13 PM

Post# of 64330
did you know that if you want to short a penny stock you have to put up dollars on the penny......seriously....how this was explained to me makes me wonder how old TIMMY is able to short the pennies.....my only conclusion is Naked.......new SEC rules are really going to help the penny players......we have been victimized the most by these illegal trading practices........looking good$$$......do you know what his dollar amount was on this short?...it's funny, he makes these bold claims, then only trades a couple thousand dollars worth of stock......i know he's very successful, but usually his trades are of very small dollar amounts.........w/that kind of following you'd think he'd be a bigger player..........go to your broker and tell him you want to short a penny stock and see what the parameters are......from my understanding it takes a ton of capital to short a penny............anyone w/ more knowledge on the topic, would love to hear your input........thanks$$$