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Replies to post #26108 on For The Earth Corporation (FTEG)
Major Profits
04/07/21 2:47 PM
#26111 RE: GREAT WHITE #26108
Anyone know/heard of ANYONE who's ever shorted SUB-penny stocks? Yes, Tim Sykes, Michael Goode, and some others. It isn't all that popular a strategy, because it's hard to get borrows and the associated costs are high. The possible risk is even higher, since any penny stock, however slimy, can run big at any time. SUB-penny? Nooo. Not subpenny. They usually choose bad stocks that are over a dollar. Or are at least 75 cents or so. And even in cases like those, it can be problematic.