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captbob2112

06/06/20 9:15 AM

#137387 RE: Venture_Cap #137386

Again, I never shorted a stock so my knowledge is very limited, but -

I could see maybe shorting something like Tesla if the drop may be $100 a share or something like that.

But how can money be made on a stock like VYST where the drop may only be ½ to 1 cent?

Seems it would take A LOT of shares to make any $$ worth talking about!

Thanks -

TenKay

06/06/20 11:31 AM

#137388 RE: Venture_Cap #137386

Nobody is shorting a penny stock. It is incredibly risky, has very little return and just plain dumb...assuming you can even find stock to borrow in the first place...which itself is a challenge because OTC stocks are not marginable.