3Power Energy Group Inc (PSPW)

[Zman70Slayer]

Folks claiming to be shorting PSPW forgot some of the basic rules to a sucessfull short...

Basics:
-Only short penny stocks that are greater than $0.25 or significantly higher (due to margin requirements). Brokers require investors to put up collateral to guarantee against potential losses in the form of margin requirements. Often times, brokers will require OTC investors to have $2.50 of margin per share to short a stock under $2.50, which can make shorting penny stocks very costly. For example, if an investor shorted 2,000 shares of a stock at $0.50, you have to have $5,000 in your account. All along, the maximum profit for this position would only be $1,000, if it went to zero.
-Carefully watch past price ranges to determine your expected margin requirements. See above again!
-Watch for stocks that go up on fluff news or press and wait for the day when it tops out. This happend in PSPW 1.5 years ago, new crew =late to the dance or early since the IR campaign is about to ramp up here. Squeeze imminent....
-Watch level II quote screens to identify where market makers are placing the floors. PSPW was already at the floor when shorts became interested.

Either folks picked the wrong stock to short on all accounts or we have major tree shaking going on....I think I believe the latter...

Have a great holiday weekend!