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Re: james_west_1965 post# 16328

Thursday, 04/28/2016 12:57:55 PM

Thursday, April 28, 2016 12:57:55 PM

Post# of 38496
It is possible! And the shorting is from years ago and they try to cover now. Read below:

In regards to pink sheet and over-the-counter (OTC) listed securities, short selling is allowed. An OTC security is one that is not traded on a formal exchange such as the New York Stock Exchange or the American Stock Exchange. OTC securities are often quoted on the OTC Bulletin Board (OTCBB). Pink sheet securities are very similar to OTC securities in that they are not listed on exchanges, but are quoted on a daily publication issued by the National Quotation Bureau. However, pink sheet securities carry much more risk because they do not require the companies to register with the SEC or stay current in their financial statements.

Source: http://www.investopedia.com/ask/answers/06/otcpinksheetshortselling.asp
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