InvestorsHub Logo
Followers 127
Posts 3525
Boards Moderated 0
Alias Born 04/08/2007

Re: Money Maker 1 post# 16489

Tuesday, 04/19/2016 3:39:58 PM

Tuesday, April 19, 2016 3:39:58 PM

Post# of 58279
Also, people don't realize that shorting ANY stock under $5 can be done....all the way down to sub-penny's. Most brokers don't allow it which is why most people don't know it's possible.

There are at least 4-5 brokers that allow shorting "penny stocks" ($5 and under) with as small as a $2,000 balance w/ margin capabilities. Not that margin will or should be used but for the ability to "borrow" the shares to take the "negative" position needed as a short.

Which brings me to one of the biggest hurdles, finding shares to short at those brokers. Most will now allow retail to short the highest risk stocks @ sub-penny levels. But under $2 and under $1 and less works just fine w/ those brokers.

E

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.