RE:RE:RE:RE:CrazyOf course it can go either way, and in no way am I telling anyone what to do.
My point about it being crazy to short is.....if the shorter is right what can the stock go down....5 cents? So that is the max gain. BUT, if you are short and the company halts the stock with major news....now what could the stock open at?? Then you have to buy enough shares to cover into an open and sometimes panicked market??
A dollar, two, or three dollar stock for sure there is the potential to short but you have to love playing Russian Roulette to short a 7 cent stock, especially one all of a sudden trading crazy volume.
GL