RE:RE:RE:RE:RE:QBAglasrado wrote: Darrylsittler27 wrote:
Go ahead and short.You'll still need to hit all the price levels before it hits .09 and that will probably take you a few million.
But,yeah,if you're willing,we'd appreciate the help.
I don't think so. Short Selling my own means, I am selling part of holdings for a definite price, much lower than the market price which I chose to sell. If I have an order to sell at market price, I agree with you. If I want to sell for a fixed price, which is lower, who doesn't want to buy?, they make money just in an instance by buying my shares. You have to understand what is my real intention. It is not to hurt the market value of the company, but to bring the chart line quick to the bottom and bring it back where it was. The market makers do this many times just for the chart correction and nobody can stop them. It is just a technicality. Doesn't affect the company or the stock price. It will go on as usual. Also, penny flippers can make their coffee money time to time.
Your scenerio will only work if you are physically picking the individual to sell your shares to, which you cannot. The market traders, who's job it is to execute all the trades, have an obligation to the market integrity, and will sell a low bid at a higher price if it's available. If you don't believe me,, ask your broker.