pink: Shorting otcbb's/pinks a little different than big board stocks. Have you tried calling IB and negotiating margin rates for this type of activity? Good luck to you on that.
FYI: IB just recently raised their commissions for penny stock trades from 0.2% of the total buy/sell to 0.5%, which is a pretty hefty 150% increase.
Effective Monday, 12 March 2007, IB will be raising the commission cap for U.S. and Canadian stocks from 20 basis points (.2%) to 50 basis points (.5%). This change will impact very cheap stocks (e.g. those trading at less than 1 USD or 2 CAD) and is necessary to better align the fee structure with the costs and risks associated with low priced securities.
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