shorted. PS: you failed to indicate the time frame, which I think you assumed is the same for both alternatives, but I wonder if you realized the importance of time.
Strictly based on the numbers, I'd have to say $1.50 to $55 based on capital outlay and risk-reward. Equal shares comparison: A) 1000 @ $1.50 = Risk $1500, Reward = $53500. B) 1000 @ $150 = Risk $150k, Reward = $148.5k Equal dollar comparison: A) $1500 gets you 1000 shares at $1.50 with the same net ($53.5k) B) $1500 gets you 10 shares at $150, with a net of $1485. However, this question is a bit loaded, since there is no scenario information, etc. Also, $1.50 price tags fall under my radar as things are usually that cheap for a reason.
Nope, Long from 1.50, without even a doubt. It's all about return on your capital. Do some basic math and see how much money you would make on the first versus the second trade with $15,000.
i would've longed simply because you can only lose 1.50 per share on the long side if all hell broke loose but when you short there's technically an unlimited risk