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When shorting a stock, how long do you hold it for?

Posted by: Shirtavius on Jun 18, 16:48

There are just a ton of stocks released regularly at $1 and $2 & $4 that we know wont ever become anything, so they're a short sellers paradise. But what Yield do you hold onto these for?

I've realised whilst clearing these out today that the majority have sat there at 90-95% yield and remain in the port because I've been too lazy to properly analyze the stocks I have. Given each of these stocks is worth, at max $150k-$600k, racking them up can cause minor liquidity issues when you want to invest in big powerhouse IPO's or play the weekend.

I think going forward, I'm gonna limit these to a 75% yield and do a monthly sweep. I'll take reasonings for and against.

When shorting a stock, how long do you hold it for? Shirtavius Jun 18, 16:48

COVER & RE-SHORT. You'll pick up all the CASH & still be SHORT to a ZERO (0.00) or Near-ZERO Delist CashOut. Commission is Peanuts. {nm} RotoHockeyYTD2014 Jun 18, 16:56

If you COVER without the RE-SHORT, you will be leaving CASH / PROFITS on the Table for a Nominal Investment. {nm} RotoHockeyYTD2014 Jun 18, 17:49

How much over 2% will you typically cover & reshort? And is there a price too low you won't short? I always worry a penny stock will pop {nm} bsbbtnh Jun 19, 00:35

Penny M/S don't Pop. Thinking just 1 or 2 Escaped CONCEPT Status since 2014. Lots of Notice if they do Escape. No Need to RE-SHORT at 0.05. {nm} RotoHockeyYTD2014 Jun 19, 01:13

If a Port can use the CASH to make PROFITS instead of Waiting for Delist CashOut, a COVER as Low as 0.01 works. Commission is Peanuts. {nm} RotoHockeyYTD2014 Jun 19, 01:15

Since November 08, 2019 a Total of 172 CONCEPT M/S have Bitten the Salty Pickle of Pardinky (Dead Delist CashOut). None (0) Popped. {nm} RotoHockeyYTD2014 Jun 19, 01:20

Anything in my port where I've shorted it , the yield has passed 80% , and the remaining value is under $0.50 I've just cleared out {nm} Shirtavius Jun 19, 04:10

Thanks for the tips {nm} bsbbtnh Jun 19, 11:05

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