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Re: Zorax post# 75671

Tuesday, 09/02/2014 10:08:06 PM

Tuesday, September 02, 2014 10:08:06 PM

Post# of 220995
equity as in actual cash in your account.

so $2.5 million in actual cash in your account is held and rendered unusable while you have this open 1 million share short position of an .01 pps stock.

you can use leverage to short, but only on marginable securities.

Securities under $3 are not marginable, therefore you can not use leverage to short them.





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