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Re: andrius post# 13388

Thursday, 10/26/2017 12:06:58 PM

Thursday, October 26, 2017 12:06:58 PM

Post# of 22035
The one example used so frequently was SureTrader for shorting penny stocks - they now have the $2.50 rule in place.

Which means if you could borrow 1 million shares of FUTL to short - you would be required to have $2.5 million in a margin account.

You are right - no broker is going to risk the downside of shorting for a $5 transaction fee.

IG

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