RE:RE:RE:From yahoo (USA)While i don't think this company is viable in any sense of the word, i also don't see any value in shorting it; the risk is too high with penny stocks unless you control both sides of the board. The volume is so insignificant right now that even if people were shorting, it's certainly not a big player.
deet wrote: Oban1kenobi wrote: Whisky can you please explain a bit more to me on the following
- What exactly are people shorting this to ?? we are currently sitting at a year low and almost ALL time low of 7 whole red pennies.....Where are the shorters going from here ?
I understand shorting this from 4 dollars down to where we are at today of 7 cents...BUT where are the shorters going from here? 5 cents ?? At that point it would be mathematically equal to raise or lower the stock price (20% whether up or down for each cent movement).....But I just dont get why.
Good luck everyone!!
Exactly. These dope stocks are a joke. There is nothing left to short. We....and so many others ...are at rock bottom now.