SureTrader
Interactive Brokers Advertisement
Home > Boards > US OTC > Oil/Gas/Natural Energy Production > MMEX Resources Corp. (MMEX)

You do understand that IB enforces the $2.50

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
I-Glow Member Profile
Member Level 
Followed By 404
Posts 44,083
Boards Moderated 0
Alias Born 01/01/12
160x600 placeholder
Quarterly Report (10-q) "Edgar (US Regulatory)" - 12/12/2017 12:56:50 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 11/21/2017 10:01:16 AM
3 Small-Cap Stocks To Play The Oil Recovery "InvestorsHub NewsWire" - 11/15/2017 7:00:00 AM
Securities Registration Statement (s-1/a) "Edgar (US Regulatory)" - 11/3/2017 1:28:11 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 10/25/2017 5:16:43 PM
Flitways Technology, Inc. (OTC Pink: FTWS), Perfect Acquisition Target for Uber or Lyft "ADVFN NewsWire" - 10/17/2017 8:38:00 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 9/18/2017 2:26:46 PM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 9/12/2017 10:28:43 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 8/30/2017 4:05:12 PM
Initial Statement of Beneficial Ownership (3) "Edgar (US Regulatory)" - 8/29/2017 12:10:22 PM
Securities Registration (section 12(g)) (8-a12g) "Edgar (US Regulatory)" - 8/29/2017 11:44:46 AM
Securities Registration Statement (s-1/a) "Edgar (US Regulatory)" - 8/22/2017 12:46:43 PM
Withdrawal of Registration Statement (ammendment) (aw) "Edgar (US Regulatory)" - 8/22/2017 12:42:23 PM
Securities Registration Statement (s-1/a) "Edgar (US Regulatory)" - 8/11/2017 4:45:47 PM
Annual Report (10-k) "Edgar (US Regulatory)" - 7/28/2017 4:21:27 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 7/10/2017 2:49:31 PM
Securities Registration Statement (s-1) "Edgar (US Regulatory)" - 6/26/2017 6:04:20 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 6/13/2017 3:39:58 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 6/7/2017 10:02:36 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 5/25/2017 2:26:41 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 5/19/2017 1:01:43 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 4/27/2017 6:12:07 AM
These Energy Companies May Have Significant Potential and Initiating Coverage on a Mobile Tech Company "InvestorsHub NewsWire" - 4/20/2017 9:00:00 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 4/17/2017 10:19:37 AM
USMJ Experiencing High Volume On Verge Of PPS Breakout With Stock Rated Very Bullish And Major Short Position Getting Squeezed "InvestorsHub NewsWire" - 4/6/2017 11:49:40 AM
I-Glow Member Level  Monday, 03/20/17 08:00:45 PM
Re: Pennybuster11 post# 14757
Post # of 79243 
You do understand that IB enforces the $2.50 rule - so call them up and ask if you can borrow 1 million shares of MMEX - then they will ask if you have a Margin account with $2.50 million in it.

From IB:

Maintenance Margin = $2.50 if Stock Value <= $2.50

"For short positions, the maintenance requirement on stock greater than $5, is $5 per share or 30% of the stock value, whichever is greater.  For short positions in stock where the last sale price/share is less than $5, then the maintenance margin requirement is $2.50 per share or 100% of the stock value, whichever is greater."

http://ibkb.interactivebrokers.com/node/285

Shorting penny stocks isn't economically feasible.

IG


It's I-Glow here, and I'm Mr.Clean.
They call me "hit man"
Don't know what they mean.


Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist