Extremely interesting Post that explains alot about stocks :
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Float Lock |
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Sunday, October 07, 2012 6:55:32 PM |
| Re: pitadog post# 96630 |
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Post # of 96641 |
Its a myth to believe you have to leverage $2.50 per share shorted. There are offshore markets where 10 to 1 and even 5 to 1 ratios where a short can short 10 shares
of RFMK for $3.00 . There are certain entities shorting Millions for $30,000. It costs roughly $30,000 to short 1 million shares of RFMK . If you are on the wrong side of the trade
, you will either have to pony up or send legions of well educated shorters to disuade the masses with ' well documented articles ' and innuendos. Everytime RFMK goes up 1 tick , it costs $3,000 ( losses ) based on the margin
/leverage. ex. If RFMK gaps to $.0047 on Monday , Every short position will be crossing the COVERING threshold which will make the PPS go even higher. The shorts won't give up believe me , but if the MOMO kicks in like we all anticipate , We could see well above 5 centz.
I am Float Lock and I love locking up floats especially when Shorters are heavily marginalized in pinks like RFMK. Whoever is stuck after tomorrows opening bell will have to pony up $30,000 for every million shorted.
I love picking on those that short pennies because they never factor in a person like me with deep pockets to come and rain on their little parade. Wanna know who money mike is ?
He's a guy that we all know who knows when to attack and buy buy buy when the time is right. Word is he really likes RFMK because of the story , cult status and MMJ ( social media
aspect ) ; not to mention the short interest here. You guys think the Youtube views are fake ? lol The dude has a global following that is sick. I just can't believe he has stepped from behind the curtains. Guess he really likes RFMK.
Let me put it nicely , If you are short here ; You are going to lose. If you're not short , you will make a killing if you ride this out to $.02 and above.
I may never speak again like this because.... We never do ( we just sit back in the shadows ). Well there you have it , RFMK is going to $.02 minimum.
