OTCPK:PGMFF - Post by User
Comment by
Welchspringon May 08, 2021 11:18am
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Post# 33159697
RE:Short Covering
RE:Short CoveringShorting PGM - come on. First off all, the majority of brokage houses won't let any investor short a stock under $5.00. For the rest of the reason an investor would be insane to short a penny stock and my last reason would be shorting a mining stock that hasn't gotten into commerical production is way to risky. Oh and one other reason is PGM is on the list for a potential take over. You do not short a company that is on the list for a potential take over. You need to read you ruling on shorting a stock in a take over position. As the old saying goes - You get caught with your shorts down.