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Alias Born | 07/22/2009 |
Monday, May 23, 2011 7:54:39 PM
THE 100s of MILLIONS OF SHARES SHORTED @ .0002/.0001
This fallacy cracks me up. Why would any entity with that much control ever bother shorting a stock at .0001?
It makes zero sense. They would simply pick a different stock that is higher and short that one. You do realize your maximum gain on a stock shorted at .0001 is .0001 per share?
If these people truly have the control you speak of and there are no controls in place to monitor or limit them why would they waste their time working on a company with such a limited upside?
That is what is so funny. Not only would the first part of your theory have to be true (which is very far fetched) but then given that premise the people controlling it would have to actually dislike making money. It is really pretty silly when you look at it from the perspective of an intelligent person.
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