Monday, March 20, 2017 8:00:45 PM
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.
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