Replies to post #30505 on DNA Brands Inc (DNAX)

[TheShadow]

Well, allow me to explain why I am not shorting DNAX.

In order to short a stock that trades under $2.50, you are required to have a margin of $2.50 per share that is shorted in your account.

Therefore, if DNAX were trading at .0005 and I wanted to go short 1,000,000 shares, I would be required to maintain a margin of $2,500,000 in my account for that $500 trade.

Still think I'm going short DNAX?