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The_Truth_NL

12/05/24 5:05 PM

#124271 RE: noradio #124270

Agreed. It’s absolutely disgusting.
And in the US in the last 4 years - the MM’s partnering with the Capital Funds running scripts all day to beat the stuffing out of everything, destroying retail, had been tough to watch.
Let’s hope the new administration cleans up a lot of this BS. It has gotten way out of hand.

Good luck!
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I-Glow

12/05/24 5:26 PM

#124273 RE: noradio #124270

No one shorts a sub-penny stock - and it is extraordinarily rare to the point of being non-existent.

It is obvious that you don't understand how shorting works.

First you need to know the difference in short interest and short volume - pumping sites like the OTCshortreport use short volume to dupe novice investors.

You will have to have a margin account and pay the margin maintenance fees - then you will have to find a broker that will loan you the shares to short and there is a borrow rate fee.

Most discount brokers don't allow shorting any stock below $2.50 .

That leads to the $2.50 rule.

Which means if you borrow 1 million shares to short you will need $2.5 million in your margin account and that is dead money until you close your short position.

As for Naked Shorting that is hilarious - there isn't any failures to deliver and HUMBL has never been on the Reg SHO Threshold List which means no naked shorting.

IG