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Re: Jtmathis42 post# 94298

Wednesday, 08/02/2017 8:27:49 PM

Wednesday, August 02, 2017 8:27:49 PM

Post# of 183214
Jtmathis422,

25K, no way!!! You have to be an accredited investors with at the minimum 250K, I believe it is, before you have any hopes, if any, to short pennies, much less sub-pennies at that, using a margin account. And, the law prevents the use of any IRA or other retirement account from being used to meet any financial requirements required by a margin account.

Go call E-Trade and get yourself straighten out.