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.
Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Malko who wrote (3498)10/10/1998 9:57:00 PM
From: Robert G. Hanah  Read Replies (1) of 40688
 
Question:
If you short 10K shares of a stock @$1.00 and cover at $0.10 you make 9 grand right? If you short 1,000 shares of a stock @ $100.00 and cover @ $91.00 you make the same 9 grand right?

What makes you think there would be "nothing in it" to short a $1.00 stock when "money made is money made"?

I wonder if you could clarify on just how you "know" there are min. 2 million shares short on PNLK between $4.00 and $8.00 and how you "estimate" a million of those were recently covered. A big short position in a stock is good in a sense as there will always be a "bid" hanging around... Thank God there was a huge short on PNLK as you say...because if there wasn't....and the shorts weren't there to cover....well our PNLK would probably be at a dime...Right?????
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext