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Short-selling questions from an inexperienced trader
I'm rather new to this site so I am still learning the ropes but I had two questions about short-selling.
It's a bad idea to short a stock that will delist at 0, correct? There's no gain to be made from shorting it unless you cover the short before it cashes out at 0, right?
Similarly, gains can be had when a shorting a stock that I think will delist below its current price but above 0, correct? Basically, should I short a stock if it delists at a price below its current one so long as that price is at least 1 penny or better?
Short-selling questions from an inexperienced trader Jun 27, 13:14
When you short, the lower it goes the better, including delisting at $0. {nm} Jun 27, 13:21
No, you are incorrect. Short anything that will delist below current price (including at zero) {nm} Jun 27, 13:22
Thank you for the information! I now know what to do with stocks I feel are worthless! Jun 27, 13:26