NSAV Holding Inc (NSAV): Correct, penny stocks can be shorted. Ho...

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Re: Nagrom10 post# 200928

Sunday, 04/24/2022 10:20:48 AM

Sunday, April 24, 2022 10:20:48 AM

Correct, penny stocks can be shorted. However, the price per share seems to matter. At what point is it not feasible to short a ticker? At $1.00? .50? ..20? (What is the lowest share price that Timothy Sykes has shorted?)

Anyhow, here is some additional info on shorting I have come across:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159741933

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160964807 (Read the replies. "Nooo. Not subpenny.")

https://budgeting.thenest.com/options-shortselling-penny-stocks-28888.html
Interactive Brokers has a percentage requirement or $2.50 per share, whichever is more. If you're shorting stocks that are around $1, you're paying more in fees than you would be for the position.

Ultimately, you can believe what you want, of course. Not going to debate it.

GLTY

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