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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?

To: FJB who wrote (15536)	12/3/2013 4:41:13 PM
From: Sr K	Read Replies (1) \| Respond to of 20435

Have you ever done it? Has anybody on this thread ever shorted a stock under $2.50 per share? Under 20¢ a share? Even if someone has, you have to put up $2.50 per share cash to make at most 20 cents. OTOH I'm sure somebody on this thread has bought a stock for less than 20¢ a share. (If we allow penny stock shorting) Someone could put half his money in a short position at 20¢ a share and close it when it drops to 1¢ and he has a good chance to win the round with $147.47 (after paying commission of 13¢), sitting with that in cash for the rest of the round.