News Focus
News Focus
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mc6102

09/28/17 12:39 AM

#78201 RE: kasia8 #78200

Please... I have had one of those accounts and been around a long time. Things have changed and you clearly don't have all the info.
I don't need to research, but I think you do.

This stock isn't being shorted... and IF it is, the share amount is negligible compared to the huge volume. If someonw were to short a stock like this they wouldn't do it with one on an upcoming news cycle. They would wait until the cycle ended and maybe pick one where dilution was occurring or the cat got out of the bag with regard to shady dealings, blah blah blah -- and it would still cost a lot to execute. TOO much. There are too many other choices.

Retail.

Why is that bad? There is no conspiracy. People don't want to admit they took profit and dumped on everyone else. But it was still retail. With billions of shares in the O/S you take the risk of being dumped on, especially when bid support starts evaporating on level 2.

Like I said, at least it stopped at 0004 support. Even others here have pointed out the chart was running hot and needed some cooling.

facts.
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Homebrew

09/28/17 12:42 AM

#78202 RE: kasia8 #78200

Shorting pennies, especially in trips, makes no financial sense. Risk-Reward sucks for shorting stinky-pinkies and HUGE margin requirements are a turn-off.