Replies to post #129950 on Dewmar International BMC Inc (DEWM)

[pitts77h]

LLOLLOLLOL Nobody actually shorts garbage stocks like this.

You can find the ACTUAL short interest here:

http://otce.finra.org/ESI

Here's some reality, explaining why NOBODY really shorts these things. The expenses are WAY too high for such a tiny return:

Each brokerage firm's requirements can vary, and most legitimate brokerages refuse to allow you to short stocks like DEWM at all. Still, here's a typical example of what is required to short DEWM at one typical firm:

https://suretrader.com/trading-fees/margin-fees/

Shorting stocks below $2.50 require a $2.50 per share equity requirement. ($2.50 Rule).

Now... think about that. DO THE MATH! To short a million shares of DEWM, you'd need $2.5 MILLION in equity in your account.

What's your MAXIMUM profit in shorting a million shares of DEWM? About $2,800 (less commissions, expenses, and taxes!)

So, you tell me. You'd need $2.5 MILLION in your account to make, at most, $2,800

WHY BOTHER????

And... that's why NOBODY shorts these POS scam stocks.