Replies to post #63602 on Bayport International Holdings Inc. (BAYP)

[PLUTUS]

To short this piece of shit SCAM at interactive broker, it would require a very rich person and a moron with money.

Interactive broker requires $2.50 margin (collateral) per share to short securities less that $5.00. i.e., a penny stock.

A 1,000,000 share short transaction of this SCAM at .0003 would require $2,500,000 LIQUID FUNDS in your trading account.

This $2,500,000 leveraged against the possibility of making $200 if the short trade were to be closed at NO BID x .0001.

Wrong Again.

NOBODY ON THE FACE OF THE EARTH THAT IS THAT RICH IS IS THAT STUPID.

NOBODY IS SHORTING THIS PIECE OF SHIT. IT IS JUST A PIECE OF SHIT.

For short positions in stock where the last sale price/share is less than $5, then the maintenance margin requirement is $2.50 per share or 100% of the stock value, whichever is greater.

http://ibkb.interactivebrokers.com/article/285

If you would like to know anything else about shorting I check this board often.