What if OI is greater than floated shares?

[JesseJamesFinn1]

First you need to have enough capital and a Clearing Firm that can locate shares to Short. Timmy Sykes was once bragging SureTrade could locate Penny Stocks to Short with a high interest rate. This is something I highly recommend you avoid doing because if you do not have a long history like other Traders with Penny, Pink, Grey, BBs you can get wiped out.


I heard SureTrade allowed Penny Stock Shorting with the lowest capital requirements, please don't Short Penny Stocks because there are so many other ways to make consistent money Trading.

 

[Sig]

First you need to have enough capital and a Clearing Firm that can locate shares to Short. Timmy Sykes was once bragging SureTrade could locate Penny Stocks to Short with a high interest rate. This is something I highly recommend you avoid doing because if you do not have a long history like other Traders with Penny, Pink, Grey, BBs you can get wiped out.


I heard SureTrade allowed Penny Stock Shorting with the lowest capital requirements, please don't Short Penny Stocks because there are so many other ways to make consistent money Trading.

Just to be clear, you're talking 20 years ago right? I'm not aware of anywhere you can short penny stocks today, regardless of how much money you have.

 

[JackRab]

Next I told my friend to watch the Option time-and-sales because I was going to buy $12,000 worth of Puts, with a stock trading with over 100 percent short something bad was happening. The Puts IV rocketed because I paid $2.50 and the Puts jumped to $3.50 with only a $1.3 price drop. The Put Buyers came back paying up to $4 for puts I paid $2.50 so the biotech-guru said, "why do you think the Puts are getting priced so crazy"? I guessed news leaked the stock trails had failed and begged my friend to get half of his position out, he adds more to a losing position.

All this on you buying 50 put options?