PROOF YOU CAN'T SHORT SUBPENNIES WITH SURETRADER..
Margin is not allowed on options, Penny Stocks OTCBB, PINKS, or any stock below $3. Using margin on these securities can lead to liquidation. – The trade desk reserves the right to liquidate your account at any time if margin use exceeds 6:1. – We allow 6:1 margin on NASDAQ, NYSE, AMEX stocks above $3 that are not on the volatile list. – Certain stocks may have a higher margin requirement and depending on market restrictions may not be fully marginable up to 6:1. – Trade Desk & Magin Call fees apply to all liquidations. – Shorts require and minimum of $2.50 per share. – Example: If you short a 1,000 shares at a value of $1.00 per share, you will need at least $2,500 in your account. – We do not trade Sub-Penny Stocks as Clients Holding Sub Penny Positions will be liquidated by the Risk Team.
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