The shorting is a myth on all pinkies.
The average investor can't or it is extremely difficult to short a penny stock - the margin requirements are just cost prohibitive. You have to have $2.50 margin per share to short a stock under $2.50.
If you want to short 500,000 shares of a stock at $0.004, you have to have $1,250,000 in your account, and 500,000 shares at $0.004 is only $2000.
The good thing is you won't get a margin call unless it gets over $2.50.
Look at the math and your numbers don't make sense.
But the shorting sub-penny stock myth is in full force at allnd dumps.
IG
Recent KGC News
- Kinross to announce Q2 results on July 31, 2024 • GlobeNewswire Inc. • 06/27/2024 09:00:20 PM
- Kinross releases 2023 Sustainability Report • GlobeNewswire Inc. • 05/29/2024 09:00:04 PM
- Kinross announces Annual Shareholder Meeting voting results • GlobeNewswire Inc. • 05/09/2024 09:00:32 PM
- Kinross reports 2024 first-quarter results • GlobeNewswire Inc. • 05/07/2024 09:00:22 PM
- Kinross declares quarterly dividend • GlobeNewswire Inc. • 05/07/2024 09:00:00 PM
- AbraSilver Announces C$20 Million in Strategic Investments by Kinross Gold and Central Puerto and Formation of a Regional Partnership in Argentina • PR Newswire (Canada) • 04/22/2024 11:30:00 AM
- Kinross to announce Q1 results on May 7, 2024 • GlobeNewswire Inc. • 04/09/2024 09:00:08 PM
- White Gold Corp. Discovers 1 km Long Gold-In-Soil Anomaly 9 km Northwest of Its VG Deposit, White Gold District, Yukon, Canada • GlobeNewswire Inc. • 02/22/2024 12:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/15/2024 12:10:38 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/14/2024 10:27:25 PM
- Kinross declares quarterly dividend • GlobeNewswire Inc. • 02/14/2024 10:07:03 PM
- Kinross reports 2023 fourth-quarter and full-year results • GlobeNewswire Inc. • 02/14/2024 10:06:48 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/25/2024 06:48:51 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/18/2024 04:17:56 PM
- Kinross to announce 2023 Q4/full-year results and 2024 guidance on February 14, 2024 • GlobeNewswire Inc. • 01/15/2024 10:00:58 PM
- White Gold Corp. Intercepts 5.04 g/t Au over 20.85m in Western Extension of Near Surface High-Grade Gold Zone & Identifies Additional Gold Occurrences in the Sulphide Domain at Betty Ford Target, White Gold District, Yukon, Canada • GlobeNewswire Inc. • 11/14/2023 11:30:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/09/2023 01:46:53 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/08/2023 10:04:32 PM
- Kinross declares quarterly dividend • GlobeNewswire Inc. • 11/08/2023 10:00:31 PM
- Kinross reports strong 2023 third-quarter results • GlobeNewswire Inc. • 11/08/2023 10:00:26 PM
- White Gold Corp. Intersects 5.03 g/t Gold over 25.0m within 2.96 g/t Gold over 46.5m Significantly Expanding Width of Near Surface Gold Zone by 50% at Betty Ford Target, White Gold District, Yukon, Canada • GlobeNewswire Inc. • 11/08/2023 12:00:00 PM
- Kinross to announce Q3 results on November 8, 2023 • GlobeNewswire Inc. • 10/04/2023 09:00:41 PM
- White Gold Corp. Intersects Broad Zones of Near Surface Gold Mineralization including 3.38 g/t Au over 53 m at Betty Ford Target, and 1.4 g/t Gold over 58.4 m at Vertigo Target, White Gold District, Yukon, Canada • GlobeNewswire Inc. • 09/07/2023 11:00:00 AM
- Aurion Signs Definitive Option Agreement with Kinross on the Launi East Property • PR Newswire (Canada) • 08/23/2023 11:00:00 AM
- White Gold Corp. Commences Maiden Diamond Drilling at Cali Target on Nolan Property, Yukon, Canada • GlobeNewswire Inc. • 08/15/2023 11:00:00 AM
FEATURED ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM