We do know market makers short so they can do their job right? Short interest is the only thing that matters and that's at a low at little over 100,000 shares. I thought we've been through this numerous times before no?? So again. Shorts are not what's driving the PPS continually lower! That's just a lame excuse used in penny land to cover the truth. That truth is either> A. No buying interest in the company. or B. Shares are being diluted.
To short a penny stock one would need to have to put up $2.50 in either cash or marginable securities for EACH SHARE that one shorts. So to short a 100,000 shares one better have and possibly be willing to loose $250,000+. I dont care how bearish I am on this Co. or any other penny. It would be suicide to short when all that's needed is a BS pr. to be released to cause losses. So is $2.50 worth putting up to short a $.13 stock? NO!
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