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TenKay

08/03/20 12:42 PM

#27556 RE: Mark102 #27554

First of all it is at $0.32 not $0.60.

So a million shares would have the potential for an additional $320K return MAX. In the meantime you have tied up $2.5 MILLION in capital, are paying rather high interest on whatever the original stock value was when it was first shorted, and the fees along with it...which can be rather high for a non-marginable Security.