Recent content by stang351

they told me they couldn't do these tickers, even after signing the hard to borrow agreement. i jumped through all of etrades hoops then was told it wouldn't work.

We went through a couple tickers and in some cases they confirmed there were no shares available to short; in others they said they had X available. I guess I'll make sure I call and verify those rates before investing. Thats not great to hear, obviously. Annoyed at myself for missing that...

FYi - i have called in to Interactive brokers, and their fees are pretty reasonable. The overnight fee varies based on the security... quite dramatically. As opposed to the 1% nightly flat fee for shorts at Suretrader, the stocks i'd want to trade interactive brokers range from 8% to 200%...

one of his assistants did send me an email last night, which was blocked at work and i forgot to watch. just watched. he says he used interactive brokers and e-trade in 2016. takes a while for him to get to the point, but later he implies and eventually just says that he uses...

if i can get a recommendation for a broker, the semantics are fine. :)

when you short you sell something so i would inherently be selling it the same day?

Just did. Thanks actually... I had run into that link while searching for brokers but initially figured he'd be too busy with his new Lambo to bother and moved. Reconsidered today and had been hoping to at least ask today, figuring that it can't hurt to inquire. Thanks there. I can't be...

please enlighten me

I don't believe thats true. If you go to the OTCmarkets page, it says shorting OTC stocks is allowed (though most major US brokers don't allow it). Further, it shows that the short interest in some of these stocks has grown. So 'someone' is able to short them... whether its institutional...

I've been using Scottrade for 10 years, and have generally been happy with it, but I want to short a # of penny stocks (well, not all pennies technically... OTC/BB stocks ranging from 5 cents to a few bucks in price at this time). They don't offer the ability to short the stocks I'm looking...