Replies to post #55271 on Nutra Pharma Corp (NPHC)

[I-Glow]

Please tell me you are joking - "I hate to break this to you but everyone here has $2.50."

Sorry that isn't close to what the $2.50 rule means.

The $2.50 rule applies when you are short selling stocks that are priced under $2.50. Basically, the rule states that for every share you are short, you still need to put up $2.50 of capital, even if the stock is priced lower.

That means if you borrow 1 million shares of NPHC to short you will have to have $2.5 million in a margin account.

No one is shorting a sub-penny stock.

IG

[k9narc]

"I hate to break this to you but everyone here has $2.50."....

Not true.

I did, but the paper boy showed up to collect.

Now I can't short that 1 share of nphc.