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angeloh

12/28/18 1:29 PM

#206628 RE: JamieE #206626

Shorts lost alot of $$ in the past week...
ONCI will continue the burn... 30's>>>40's>>>60's...

shotsky

12/28/18 1:52 PM

#206641 RE: JamieE #206626

No one is shorting ONCI. That short report is not about shorting the stock, it's about trading activity.
Ask your broker to 'short' 100 shares for you. They won't do it for sub penny stocks. Anyone reading this that has ever shorted a sub penny stock, feel free to speak up. No one has ever claimed to short such low cost stocks. I know for a fact that etrade won't do it, you can look at their rules for shorting. The hard part is putting up a $2.50 PER SHORTED SHARE margin. So, why would ANYONE put up $2.50 to short a sub penny stock, when the best they could possibly do is make a portion of a cent on that stock? And, that only IF the stock drops in value. Does ANYONE with any modicum of sense think that people are shorting ONCI because they EXPECT it to drop, JUST when the smoke clears for the future of the company? REALLY?

There is no game playing by MM's. They don't invest in these stocks, they are merely brokers - they facilitate the actual trades, and in the process, they almost always short the stock to get shares to sell to you. Then they cover by the end of the day, which is why you see funky trades near day end. MM's don't even eyeball these stocks - it is all automated. They can trade billions of shares a day, not something that can be done as if they were all in a sweatshop poking a keyboard and trying to skim beer money of sub penny stocks...