Time for you to learn how it's done. The short sel
Post# of 5282
In the beginning when there was a fairly level playing field millions were made by average people who picked the right company and bought their shares. Since shorting a stock is legal and the penny market is unregulated and the wild , wild west there opened an opportunity to make millions with high speed computer buying and selling. Shorty selected poorly funded companies with bad business plans at first . They shorted the hell out of a stock and 72% of the time the business failed.
Would shorty be happy with only 72% ?? Hell no. Nothing short of 100% will satisfy their greed. Since so many failed why be picky ? Just short them all.
If it looked like a company was about to make it you could always send basher crews to the talk boards and bad mouth the company with any kind of lie you could think of. No one can stop a person from buying a stock at one dollar and selling it for 90 cents and then 80 cents. Why would someone do that ?
HUMAN NATURE. PEOPLE DO NOT BUY A STOCK THAT IS GOING DOWN.
MIND CONTROL 101. " I'M NOT GOING TO BUY THAT STOCK . IT'S GOING DOWN."
You would think they would allow one or two to make it and let people have a few bucks from the railroad cars full of $100.00 bills they own off shore. No way Jose. The greed of these people will not allow it. Even Vegas allows a sucker or two to win once in awhile. It's great advertisement.
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.