Replies to post #21020 on OWC Pharmaceutical Research Corp (OWCP)

[John Kent]

Important for longs to stop selling into bid it is counter productive. nothing but a waiting game here.

Every other MJ stock is running on no news MMs know what they are doing here.

[tthutch]

I have never seen the benefit of shorting penny stocks at these levels. I mean you can go look at FINRA and certainly see that it is done. OWCP is throwing rule 4320 flags for the last 2 days. The last reporting cycle on the bi-weeklies showed almost a million short shares as of 10/14. No doubt why the flags are flying now.

That said, the margin cost for those shares and the nature of shorting guarantee nowhere near the rate of return if you simply bought in and let the stock grow.

Shorting big board stocks I understand completely but down here it seems a stupid risk. Not that I will complain when the covers kick it.