Replies to post #116897 on Southridge Enterprises Inc (SRGE)

[Bernija1]

Sorry bud, it's well known retail can't short pennies.

[I-Glow]

How many SRGE shorts are going to loose their house on this?

You have been listening to tob.

Individuals shorting sub-pennys doesn't happen - or if the do it is being very short sighted.

The average investor can't or it is extremely difficult to short a penny stock - the margin requirements are just cost prohibitive. You have to have $2.50 margin per share to short a stock under $2.50.

If you want to short 500,000 shares of a stock at $0.004, you have to have $1,250,000 in your account, and 500,000 shares at $0.004 is only $2000.

The good thing is you won't get a margin call unless it gets over $2.50.

So you might want to re-think your post - and all the 1000's of posts about shorty is toast is complete nonsense.

IG

[Crazy Money]

None... Zero... Zip...

Long and strong SRGE people that actually believe in this stuff... on the other hand... could lose their house or other things just as important to them... if they don't wake up and smell the B.S. :-D ... peace ;-) weeeeeeeeeeee

How many SRGE shorts are going to loose their house on this?