So, you are prepared to loose more than you have invested -- you do realize that if it goes to say 2.00 -- you will be loosing 8,000 grand right. Shorting here is very dangerous. They cased the well and they are testing for oil -- HUSA is due for some good news -- if it's bad news -- okay -- you won -- but there are better trades in the stock universe -- YHOO for example or maybe the FAZ right now with the fiscal cliff in the news everyday. 4,000 share X .30 = please don't expose yourself to the potential loss for a 1,200 gain. I can pull 1,200 down in an hour dude. .30 is nothing -- take a look at CLF -- or MCP -- some high beta stock -- if you want to ride -- that's a better ticket. Shorting -- have to question your sanity. You might be right -- but it's way too much risk.
Its kind of risky as any good news will spike the price and will be hard to catch and regarding negative news it will go down but don't you think its already priced for the negative news so the downfall may be less ....just my opinion GLTA