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Re: koBeizKIng786 post# 6846

Friday, 05/20/2011 5:04:31 PM

Friday, May 20, 2011 5:04:31 PM

Post# of 74539
If you short GLER at it's current price of .0055 with 1 mil shares all the way down to .0025 that would be 2000.00 profit.

If you short GLER from .0055 down to .0010 with 1 mil shares, that would be a 4500.00 profit on you same initial margin that was used.

If shorts have shorted GLER from .01 (Not even yesterdays high), then the two example profits would be doubled with the same initial investment.

Of course if it moves up from your initial short position, then it starts eating into your margin, and if you don't have enough $$ then you get knocked out of your position or may even get the dreaded margin call from your broker.

Not saying you are a shorter or anything like that, but to answer your question, I think yes, if I had a margin account I would being cheering all yours posts on.

Anyway, I'm off to play some golf and chill out.

GLTU

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