"Interest rates rising means it just got more expe
Post# of 43066
(Total Views: 271)
Posted On: 03/22/2018 3:34:29 PM
"Interest rates rising means it just got more expensive for the shorts carrying costs. Makes me feel badly for them, almost. lol Looking forward to the nest filing. Go PTOI!!!"
Actually just the opposite. The borrowing costs for PTOI are only 0.25% at IB so the cash put up earns 1.18%. If interest rates go up, the short seller would be paid that new higher interest rate minus 0.25%.
However it would tie up a lot of cash to be short a stock this cheap. I don't know why anyone would want to short it...and the rate is effectively 8.3% APR per share of PTOI, based on PTOI's $0.03 share price since the collateral would be $1/share minimum.
I don't know the mechanics of how invisible evil entity manipulative troll naked short seller 'air' shares which aren't registered anywhere are handled, though. Since those beings supposedly don't have to borrow their shares then they probably wouldn't need to pay any borrow fees to be short. The resident experts on those short sellers should be able to provide color there.
Actually just the opposite. The borrowing costs for PTOI are only 0.25% at IB so the cash put up earns 1.18%. If interest rates go up, the short seller would be paid that new higher interest rate minus 0.25%.
However it would tie up a lot of cash to be short a stock this cheap. I don't know why anyone would want to short it...and the rate is effectively 8.3% APR per share of PTOI, based on PTOI's $0.03 share price since the collateral would be $1/share minimum.
I don't know the mechanics of how invisible evil entity manipulative troll naked short seller 'air' shares which aren't registered anywhere are handled, though. Since those beings supposedly don't have to borrow their shares then they probably wouldn't need to pay any borrow fees to be short. The resident experts on those short sellers should be able to provide color there.
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Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.