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Justfactsmam

07/31/15 3:55 PM

#30809 RE: viking86 #30805

Viking...you are not understanding the concept...the 10% down in one day "Triggers" no selling into the bid with shorted stock (ie selling into the bid without owning the stock, assuming also they found "stock to borrow"). There is no limitation on what price the stock can be traded for the next day. It the "pounding" by the short on the bid that is restricted. If it went down 10% from the close yesterday ($5.08), then it could not be sold into the bid again on Monday. (and technically today, but it was already restricted because of yesterday).