Replies to post #49289 on HPIL Holdings (HPIL)

[shotsky]

There is also a margin, which amounts to about $2.50 per share shorted, IF you can find a broker to do it. I don't know of ANY broker that will permit shorting of penny stocks. If you know of one, TELL US who it is. Etrade says right on their web site that it is not permitted.
But anyway, regardless of that, it makes no sense to short a stock that is under a penny. It would cost you thousands of dollars in margin to make a few 10's of dollars IF the price dropped, and ONLY if it dropped. But for the same money, you could buy the stock and make MUCH more if it went up a click or two.
Why would anyone want to short a penny stock that can drop by half or double in the same day? Sheer logic says it would be suicidal for your portfolio because you CAN'T GUESS what any sub penny stock will do in a given day.

[Frayed Knot]

Just a thought about shorting a stinky like HPIL..

There is a $2.50 per share margin and more for fees and commission.

So short a million shares will only cost $2,500,000 in maintenance margin plus fees (ALL at risk),

,,,,and a big ol' $4400 could be made.

What a deal, NOT!!

Thus the reason that shorts don't happen in stinky land, where HPIL will always be...

Unless, of course, little Stevie doesn't get the FINs done..

then not even stinkyland for HPIL.

Add that to his other company EBLD, which was REVOKED by the SEC

He could truly have his face on this poster..