Replies to post #31605 on Mexus Gold US (MXSG)

[Hoge670]

That being said. If you had a large short position, it would benefit you to obsessively berate the company CEO and all who invest some play money into this venture in an attempt to influence the share price in a negative way. It’s ironic that one or two people on this board almost accuse the ceo of just that. Hmm.

[1manband]

Unlike going long on a stock, shorting is not free.

To short, you will have certain special costs, including margin costs and borrow costs - the more difficult of a stock to borrow, the more you will have to pay the owner of the shares to borrow it.

Shorting low priced securities like MXSG not only require a client to maintain $2.50 per share in margin, but the weekly and monthly costs can easily wipe out any profit very quickly.

Another reason why there is really no short interest in penny stocks. And what little short interest does show up, it is almost always FTD's rather than shorting for a profit.