Post by
Jettthro on Dec 19, 2023 12:45am
Remember…
When one's stock gets shorted. Shorters make roughly .2 cents per shareholder dollar lost.
Meaning 2 cents per 10. 20 cents per 100. 2 dollars per a thousand. 20 dollars per 10,000. 200 per 100,000. Just think, you lose a hundred grand. They make enough to bring a family of 4 to a nice dinner. 2000 per million. You lose a million due to shorting. They can buy a cheap used car. 20,000 per 10 million. Again, a nicer used car. Just think... you lose 100 million, they make 200,000. Enough for a down payment on a condo in Canada. Reverse split coming soon. Yaaaaaay for investors. Who voted for the (Putin style) reverse split. lol. Manipulated stock... Your guess is as good as mine. 70 dollars a share, down to .50 cents a share in 3 years. Hmmm. Now.. no room to short, til shareholders voted yes for a 10-1 reverse split. A shorters dream. And just before Christmas. Beware. Just my opinion.
Comment by
charlie007 on Dec 19, 2023 8:56am
Huh? If you shorted 100,000 shares when the sp was $1, and the sp fell to .50 and you closed your short position, you would profit $50,000 minus fees. https://www.investopedia.com/terms/s/shortselling.asp
Comment by
Traderstock101 on Dec 19, 2023 9:06am
Yes today on the stock market these made overdraft sales very profitable. These are the big fashion for making money and bringing down all the companies to $0 dollars with all these overdraft sales. WEED will continue to fall and reach 0.50¢
Comment by
Picker77 on Dec 19, 2023 9:19am
You don't loose if you don't sell wait for the Senate decision. This is a new world business has to go up.