Protagenic Therapeutics Inc. (PTIX): Yes and no. Probably a bad example. But,...

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Protagenic Therapeutics Inc. (PTIX)

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PatiencePaysOff79

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PatiencePaysOff79

Re: Pian0wire post# 32067

Friday, 02/03/2012 4:29:34 PM

Friday, February 03, 2012 4:29:34 PM

Yes and no. Probably a bad example. But, imagine:

You short 250,000 shares of ATRN at .075. That is a $18,750 investment on paper.

A/H news comes out that there is a buyout for $1.00 per share. The next day, ATRN opens at or around $1.00 per share. Suddenly, you're required to cover for $250,000. You suddenly find yourself at a loss for $231,250. That hurts, right?

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Recent PTIX News

Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 07:29:52 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/15/2023 08:50:02 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/29/2023 10:18:27 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 09:02:39 PM
Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 11/02/2023 08:29:05 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/13/2023 04:48:45 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 07:29:32 PM

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