Replies to post #8301 on Grifco Inc (GFCI)

[Dr Bill]

Cyo,

Second, your assumption that shorts can't cover is ludicrous. GFCI is at an all time low. If the shorts sold their shares a month ago, they would have doubled their money.

Just FYI, the maximmu you can make with a short position is 100%.

Sell 100 shares of xxxx for $1 each, you get $100.

Stock goes to .001 you buy it back for 10 cents. Your profit was in effect 100% or double the money you needed to short it in the first place.

[Dr Bill]

cyofish

this is the post I first replied to and it was on MONDAY, much earlier in the week. I think I mentioned to him on Tuesday that you had posted this.

Secondly, you have no idea who I am or what my background is. My first degree was finance, and I was speficially groomed to go the university of Arizon's school of business mba/phd finance program before I found my healthcare calling.

that's enough of the discussion about theoretical returns shorting stock.

Suffice to say, that the + return shorting is finite and the loss is potentially infinite.

You canot "TRIPLE" your money shorting because they won't let you short more than what's in your account. short a $100 stock with a .10 account? yeah right.

enuff said