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Goldstrike

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Goldstrike

Re: 29YEARINVESTOR post# 108879

Wednesday, 06/01/2022 12:20:58 AM

Wednesday, June 01, 2022 12:20:58 AM

Post# of 118360
Keep in mind, IB sets a minimum margin of $2.50, so that works against you when you want to short some garbage penny stock. You’ll have to put up $2.50/share anyway, and also pay the borrow on that basis as well. Be careful.

https://www.quora.com/Can-we-short-sell-OTC-and-Pink-stocks-with-Interactive-brokers

Naked shorting of OTC pennies is not practical if a brokerage firm allows it at all.
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