SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Silicon Investor - User Site Discussion - Generally Unmodera

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: N. Dixon1/6/2014 5:05:13 AM
   of 1604
 
This looks like another stock being manipulated. It's not just mine. Same Yahoo msg board mess, fake longs talking with shorts. Don't know a thing about the company except it's a biotech. Looks like it was shorted in 2010 and then just played with....Ir sells for under $5 so it can't be margined, which should mean as I understand the system there are no shares available to short unless you're a market maker and maybe using options as a workaround...read about them cracking down on something like that.



CYCC Short Interest

Anyhow here's the answer to the $5 question....it has to be hedge funds or MMs. Shorting below $5 is too risky.


Can you short sell stocks that are trading below $5? My broker says that I can't.


SEC Issues Risk Alert On Options Trading Used To Evade Short-Sale Requirements

ND
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext