Longwei Petroleum (fka LPIH)

[andrius]

even if LPH is completely legit and accusations get cleared a spike to 2.50 is a pipe dream. many that are stuck in huge losses would gladly take a smaller loss on way up. tons of people bought .4s-.7s and would sell on way up too. 99% of LPH longs would gladly take $1.50 at this point so who'd buy all those shares?

What does circuit breaker rule have to do not being able to short stocks under $2? Circuit breaker rules simply pause trading in certain stocks that move over 10% within 5 minute period. Rule was put in place to prevent another flash crash, it has nothing to do with shorting stocks below $2.