GREY:IPRSF - Post by User
Comment by
nervous64on Feb 13, 2018 3:07pm
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Post# 27552763
RE:RE:RE:RE:Scottrade does not allow to short GEL
RE:RE:RE:RE:Scottrade does not allow to short GELHey Gerald. No disrespect meant, maybe I just don't understand but help me out please. Let's say you short 1,000,000 shares @ .04 or .05. Lot's of effort to get those shares with the current volume, and you buy them back at .03 or .025, assuming you are able to accumulate that number of shares, you're clearing 10-15K. Aren't there better opportunities out there? Without getting nasty, explain the strategy. Again, no offense here, just trying to learn how shorting a 3 cent stock is worth the risk. And I know all about the risk, I am holding close to 7 figures of shares in this dog (dog for now). Either reply, or send me a DM, it will be kept confidential. Good luck to all.