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Realityhurts

06/08/11 5:36 PM

#10319 RE: PennezFromHeaven #10316

It's actually very difficult to short a penny stock, requires high margin requirements, easier to do it offshore and, pretty much impossible in the US. Perhaps others here know exactly how to do it here, I don't.


I doubt that there is any shorting happening here, I just wish, that those attempting to actively get others to se by their own admission, would, actually do it and go short. Because, it would be a risky crazy thing to do and they'd likely get burned very badly :)
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Sheeple O Plenty

06/08/11 6:51 PM

#10323 RE: PennezFromHeaven #10316

In the United States or for any US Citizen, shorting requires $1 Margin PER SHARE TO BE SHORTED. So if a person wanted to short this stock for 1,000,000 shares, they'd need $1 m USD in their account to cover it.

Very much not a friendly proposition.


Shorters are one of the great myths in Pinky land. It's like Chris Angel's magic tricks.. not really magic but distraction. Watch the left hand while the RIGHT hand is the one thats doing the task.

Shorting is like that here. 99% distraction, 1% maybe reality. Generally is used to "explain" why a stock is suddenly going down, when those diluting do not want it known.