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Brad S

07/10/11 3:29 AM

#12746 RE: MrG #12745

Here's an idea. Why don't you find a penny stock that you think is a real POS and then try to find a way to short it. Come back and let us know how you made out.
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Risicare

07/10/11 12:34 PM

#12759 RE: MrG #12745

You can short them but you have to put up 2.50/per share, then also there may not even be a borrow and then there is the possibility of a buy in as well. Obviously with such high capital requirements shorting any stock under ~.50 is not worth it and a waste of time and money. I have never shorted a stock under ~1.50. I said personally because I figure some folks do buy these scams on occasion, but I do not.
If you can find me a paid basher job I am all for it the extra income would be nice LOL Sadly there are no such jobs, these OTC scams die on their own consistently It would be a waste of money to pay somebody to bash them as the companies self destruct.