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jerseyfish

08/09/19 3:31 PM

#96145 RE: seekingafortune #96144

Have any of you shorters consideryour profits in shorting the stock rather then buying and holding?

On 100,000 shares at .07 per share = $7,000 less commission $5 x2 less tax at regular income rate say 40% sell at .069 = $6,900 the difference is $100. less $5 commission x 2 (in and out) = $90 less $36 , 40% tax rate. That leaves you with a big $54 profit. Is It worth the risk?