(Total Views: 1134)
Posted On: 08/20/2017 7:32:46 AM
Post# of 15187
We all should know this talk by hjoe and others about burning shorts is nonsense in my opinion. You can short subpenny stocks but no one does. The sec requires a margin investment of $2.50 per share to short a penny stock. Just call any brokerage firm and they will tell you. Calculate for yourself how much money it takes to short. You put millions of dollars just for a chance to make a maximum of 100% gain if the stock goes to zero. Don't forget you have to pay margin interest.
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