the stock is about to break out and you lie and say " i am shorting". you are either stupid or very stupid. you are shorting $ 3 stock >> the max you can get is $3 but you can lose a lot more. you ar a lair, you wish but you are not shorting at this price. by the way it will soon make double top breakout, just 29 cents away.
I would say "very stupid" right now, considering that I am losing a little over $11k at today's close. You are inaccurate in your assertion that the most I can get is $3 per share, though. Just today I got $3.24 per share for the short sale of 2500 shares!
The potential loss on any short position is unbounded, so your argument against selling VNX short applies to the short sale of every security. You must not like selling short. That's fine--nothing wrong with being risk-averse. Some people are a bit timid.
What's a "double top breakout"? You must be an expert technical analyst.