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OTC BB | Oil/Gas/Natural Energy Production | America Asia Petroleum Corp. (AAPU) quoteAAPU Stock Quote - News - Chart

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Posted by: I Sell Homes Member Level  Date: Saturday, May 12, 2007 1:54:27 PM
In reply to: A deleted message Post # of 21274  Send a link via email Share on Facebook Tweet this post
Here's another reality check for this board. Only a handful of Brokers allow shorting on otcbb/pinks. And the brokers that do, you probably haven't even heard of them.

Interactive Brokers is an example. They have a list of stocks that can be shorted. And if I remember correctly, back when this was on pinks, AAPM was not on the list. I mean this was trading in the .0001-.0005 for a long time, very stupid to short it IMO, where there are other stocks out there with a downside that would be easier to capitalize on. It might be hard for some on this board to understand the reasoning behind it. But I have a feeling that when this was @.0001 and there was no action. Those MM's just sucked up shares when people put in market orders to sell and got filled .00001-.00005 Yes I typed that right. 5 decimal places out. Just something to think about.
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