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nv gold

02/10/21 1:55 PM

#63344 RE: CowboyUp5000 #63343

I've heard they can't short penny stocks. Be interesting
to know if any brokers allow stocks with less than $2.50 pps to be shorted.
As far as I know it's not possible on Ameritrade. Maybe some posters
with more knowledge of shorting could offer some guidance.

I think it's normal profit taking after a big bounce.
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WaterCoolerConvo

02/10/21 3:02 PM

#63347 RE: CowboyUp5000 #63343

Firstly it is possible to short penny stocks, just depends on if peoplea are buying APRU on margin. I agree it can be difficult but it definitely can be done.

Read my previous comments. I've said that APRU likes to sit around the 1cent range before making other moves. It has in it's history, feel free to look up the chart. It will consolidate, hold then pop again in a few weeks to months time.

I've been in APRU a long time and am a supporter, not a bear. No FUD being spread here, just sharing ideas of what drove a rapid price decline.

Strange that multiple pennies all experienced rapid declines aroudn the same time.

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sagedono

02/10/21 7:10 PM

#63362 RE: CowboyUp5000 #63343

Just back from work. Well first off, I'll take that bet Cowboy. I think the baby burped. I don't think we even see .006 again and even .007s will hold. They could have sold into the end of day rise. I agree with whoever said base around .008 . That said we still haven't broke a 40,000 share day yet. Lots more attention now, I think the next run we break that barrier. It would have felt a little dicey had we not retraced. Finished at .009. Great day!
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grantastic

02/11/21 12:15 PM

#63391 RE: CowboyUp5000 #63343

Smart guy. Stock is up 300% in under 2 months and still people find a reason to complain. It's amazing.

Short attack?? Have you ever shorted a penny stock? It is next to impossible. Only one's that "short" is the MM's and for very few shares to fill orders that have to be paid back by the end of the day.

Don't try and spread FUD