Replies to post #3530 on Provectus Biopharmaceuticals Inc (PVCT)

[suberizedwrx]

A measly 600 shares.

I'll probably never short again unless I can make a dent. I only use a fraction of my account to short compared to what I use to go long. Shorting is too risky imho. If you have $50k you can dedicate to shorting and only use a fraction of that for your position with the rest as a cushion then you'll reap the rewards. Not sure the threat of a margin call is worth it though. Brokers can close a position on you without you knowing with shorts. Plus you have to factor in the borrow rate with shorts, something you don't have to do going long. What I should have done was go long on another pick of mine (read my other posts if you want to know which one since I don't want to have this post removed for being off topic). That pick is up already up 13% in two days. I paper traded it with confidence. Should have traded it for real. Anyhow, probably going to bail at the 15% marker with PVCT and focus on long trades from this point on. I'll continue to alert on stocks that I feel will drop though. Shorting or holding off on a long position is up to the trader. Good luck!