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Re: GeorgeTheStub post# 3818

Saturday, 02/11/2012 10:37:29 PM

Saturday, February 11, 2012 10:37:29 PM

Post# of 56479
no one putting up 72 million dollars to short VPER




cmon dude.. seriously

u can not margin


a penny stock... its all cash



even suretrader will only margin ( leverage) money on penny stocks that are 2$ and above..


if they did have shares.. u would have to put up cash only and u would still have to pay $2 pps on each share.. in addition to the 70k dollars to buy 29 million shares @ .0025. Do the math.

for ex: etrade will only let a person leverage money on stocks above $5