Destiny Media Tech Inc (DSNY): When you short, you have to be mindful t...

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Re: brooklyn13 post# 6103

Tuesday, 11/26/2013 6:07:05 PM

Tuesday, November 26, 2013 6:07:05 PM

When you short, you have to be mindful that once the price hits a certain low pt, it may become attractive and create buying pressure upwards. Also, you will have to cover those shorts, and this will also help the price rise. Finally, the potential counterparties to the shorter will start disappearing if the stock goes on a nosedive, as they may start to believe the price won't recover and may start dumping shares.

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