P Panurgo Jun 27, 2007 #1 Hi guys, is it possible to sell short microcaps and penny stocks? And if so, which brokers allow this? tnx P.
Hi guys, is it possible to sell short microcaps and penny stocks? And if so, which brokers allow this? tnx P.
I Imagine Jun 27, 2007 #2 go to IB and see the shortable list - many micros on it, even many 1 penny stocks but the problem is - the margin required did this research awhile back but it probably still applies
go to IB and see the shortable list - many micros on it, even many 1 penny stocks but the problem is - the margin required did this research awhile back but it probably still applies
P Panurgo Jun 27, 2007 #3 Quote from Imagine: go to IB and see the shortable list - many micros on it, even many 1 penny stocks but the problem is - the margin required did this research awhile back but it probably still applies More... How much margin is required? Assume I have $50000 in my account and want to short 100000 share of a 0.1 penny stock, how much will ib charge for? tnx P.
Quote from Imagine: go to IB and see the shortable list - many micros on it, even many 1 penny stocks but the problem is - the margin required did this research awhile back but it probably still applies More... How much margin is required? Assume I have $50000 in my account and want to short 100000 share of a 0.1 penny stock, how much will ib charge for? tnx P.
