$Redbox Entertainment (RDBX.US)$ kinda unrelated but I would really love to hear your opinion/thoughts. why continue using MooMoo when this broker doesn’t allow you to short small market cap stock like Redbox etc? A similar broker like Tiger broker on the other hand allows you to short Redbox.
Being limited to only long positions puts me at such a disadvantageous position and is such a turn off.
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102415025
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Say 1k shares base on previous price $5 ur mkt value of shares still have $5k. After merger u only have 87 chicken soup shares and base on current price 5.5 the mkt value of shares only 478. Omg almost 90 percent lost
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Betterthangold : It’s a lot better than HOOD!
102415025 : Now chicken soup only worth 5.5
102415025 : Say 1k shares base on previous price $5 ur mkt value of shares still have $5k. After merger u only have 87 chicken soup shares and base on current price 5.5 the mkt value of shares only 478. Omg almost 90 percent lost
Theresa P : You can’t short because there are no shares left to borrow.
1025808 OP Theresa P : Maybe that’s the case. But why is it that there are people that are able to short Redbox? Sorry I’m new to stocks trading