Posted On: 10/19/2015 4:32:41 PM
Post# of 43066
Re: xxxxcslewis #32018
Can anyone tell me why anyone would short PTOI?
Let's take today's numbers for example. If you shorted PTOIs 2,000 available shares at today's high 0.0748 and somehow PTOI was taken to 0.0000, you would make under $150 minus fees. If you cover at today's low, you would have made a whopping $27.60 minus fees. I'm sure I could find that amount of money hiding under my couch cushions.
Is that really worth the risk of it moving upwards or is shorty really that stupid?
Let's take today's numbers for example. If you shorted PTOIs 2,000 available shares at today's high 0.0748 and somehow PTOI was taken to 0.0000, you would make under $150 minus fees. If you cover at today's low, you would have made a whopping $27.60 minus fees. I'm sure I could find that amount of money hiding under my couch cushions.
Is that really worth the risk of it moving upwards or is shorty really that stupid?
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