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Message: judging from trading patterns today

I cloud not remember who else was thinking the same thing from earlier this month.

EDIG had negligible shares short in Sept / October, with a gradual increase.

 

B-Lunist on PTSC points out "how much can shorts gain" by shorting (in this case when we were at .18) ?

 18 centes per share?

 

Shorting a penny stock, that could EASILY go to $1.00, what are the risks involved for loss when you short a stock at .18 to .12?

Unless you can control the pps, and the closing price, doing so at .18 is EXTREMELY risky, UNLESS you know you can gain an extra 33% shares as part of a financial loan, as we saw.

I don't buy pennies on margin for this reason (price manipulation and margin calls).

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