Replies to post #115775 on Paychest Inc (PYCT)

[adanac]

So-called "MARGIN REQUIREMENT"....(MR)

I don't think the following SHORTS use the same broker as poop (or any other 'retail investor')

At "reportedly" $2.50/share, the reason some here (NOT ME) give for "Nobody would be shorting a .0001 stock"
I've done the "MATH"
SELLING SHORT at .0001, means you have to BUY BACK at UNDER .0001, or the company goes UNDER, you keep ALL

May 15/14===========2==MR:$5.00============cleared===June 13/14

Nov 15/13======77,810==MR:$194,525.00======cleared===Nov 30/13

Jun 15/10======49,975==MR:$124,937.50======cleared===June 30/10
Apr 30/10===========1==MR:$2.50============cleared===May 30/10
Jan 15/10===========1==MR:$2.50============cleared===Feb 26/10

Sep 15/08======25,904==MR:$64,760.00=======increased to
Sep 30/08===8,054,998==MR:$20,137,495.00===reduced to
Oct 15/08===2,504,998==MR:$6,262,495.00====reduced to
Oct 30/08=======4,998==MR:$12,495.00=======cleared===Feb 27/09

Jul 25/07===========5==MR:$12.50===========cleared===Sep 14/07

Dec 27/06======40,617==MR:$101,542.50======cleared===Jan 24/07
Aug 24/06======73,220==MR:$183,050.00======cleared===Oct 24/06