Replies to post #102204 on Paychest Inc (PYCT)

[adanac]

Nobody starts to SHORT a stock at .0001,

BUT what do you do if you shorted it at say .0005 (just a number here), and you can't BUY it back because "NO ONE IS SELLING".

Do you raise your bid (CUTTING INTO YOUR PROFIT MARGIN), or do you wait for the STOCK TO GO UNDER, which shouldn't be too long, with NO BUYERS.

If the company is trying to make a go of it, they will reverse split giving you a chance to get out, as you take the stock DOWN AGAIN. BUT PYCT HASN'T DONE A R/S

Your biggest fear is Volume, as that attracts attention and possible BUYERS. If NO ONE IS SELLING, YOU HAVE TO SELL (despite not having any shares) IN ORDER TO STOP A RUN, WHICH COULD CAUSE A MARGIN CALL FOR YOU, LETTING ALL H*LL BREAK LOOSE.

SO YOU "SHORT THE STOCK AT .0001"

[gtweb2021]

That's just the point the shorted gave not covered. Thank you

[crazyjerry]

Market makers don't pay brokerage fees, and besides these are naked shorts, don't you know you can't see them, they don't exist to us investors. I know you know better.

[superstop]

Your wrong. No fee's on ILLEGAL NAKED SHORTS
and there never has been.
Illegally naked short a .0001 stock at .0001 and the stock goes under you have a 100% profit.
Oh yeah, PYCT DIDN'T GO UNDER. Illegal naked shorts have to cover if the price per share goes up. That's the reason for all the " THERE'S NO SHORT FOR PYCT" HYPE.