All Things Mobile Analytic Inc (ATMH)

[mtlebomac]

Thanks. I have TD, eTrade, as well as Fidelity. None of them show Available Shares to Short (Shortable Shares) like Interactive Brokers does. But, open for you to point me to the right page/screen...I may have missed it.

Also, going down the 'short' route isn't worth it to me for a number of reasons, especially the $2.50 rule.

You probably know this, but this is for those who don't understand this way of trading:

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The $2.50 rule applies when you are short selling stocks that are priced under $2.50. Basically, the rule states that for every share you are short, you still need to put up $2.50 of capital, even if the stock is priced lower.

Why does this matter? Let's say you have a $1000 account and you want to short sell pennystocks. If the stock is under $2.50, you will not be able to take a full $1000 position, even if you wanted to. Here's the math:

You have a $1000 account;

For ANY stock under $2.50, you must still put up $2.50 in capital.

Divide $1000 by $2.50, and the MOST shares you can short is 400 shares, REGARDLESS of price.


$1000 account - 400 shares max
$2500 account - 1000 shares max
$5000 account - 2000 shares max
$10,000 account - 4000 shares max
$25,000 account - 10,000 shares max

Source: http://tradetheticker.blogspot.com/2014/02/question-what-is-250-rule.html