I agree that there is a place for legal shorts and they are an important part of the market, it's another way of playing the game.
Hey, I did find a Canadian broker that will allow shorting of pink sheet stocks with borrows. No idea what the margin and maintenance fees are...might give them a call and find out just out of curiousity.
Island life is great, love it....fog just rolled in over the water so guess I'm staying on shore today.