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grantastic

01/06/21 9:13 PM

#31114 RE: macdwatcher1 #31106

This is complete nonsense on so many levels.

Most importantly: SEC suspending trading in a company doesn't eliminate a short sellers' obligation; they still owe the shares they borrowed.

But it's mostly an academic problem; no one shorts penny stocks for profit anyways because the margin requirements are so onerous it's just a giant waste of equity. You'll make more money guaranteed owning US T-Bills than you will tying up your equity to short MAXD shares with reverse-leverage of 1:500,000

The only people who believe that MAXD is being systematically shorted are fools who believe management's lies. They simply cannot accept they gave their money to crooks.

No no no. U mid understoodd. My point. Everytime the SEC revokes a stock symbol for this pinkyland stocks. That’s puts an end of trading for that stock symbol. So who do u think a move by the SEC benefits and profits when a stock symbol is revoked? The answer is it benefits the people who have a short position or a naked short position in
That stock symbol. The short sellers never ever have to cover their short position when the symbol is revoked. And the shareholders loose 100 percent of their money. In conclusion the SEC aides and helps short sellers. Revocation of a stock symbol hurts the little guy. The little guy who is not allowed to short sell pink sheet stocks. The SEC is in bed with the crooked short sellers and naked short sellers. Not once did I ever see how revocation of a stock symbol benefit the small guy retail investor. So if they revoke the stock symbol MAXD. Then all the retailer investors who own MAXD shares get completely wiped out and the short sellers and naked short sellers of MAXD deep 100 percent profit and they don’t even have to pay taxes on the ill hotton capital gains