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Post# of 202893
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al44

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al44

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Re: None

Wednesday, 02/18/2009 12:49:18 PM

Wednesday, February 18, 2009 12:49:18 PM

Post# of 202893
I was reading some prior posts talking about short selling and a short position in ETNL. I found these requirements for shorting stocks at Scottrade on another board. Check the margin requirements.

..........al

The short sell maintenance requirements are as follows:

Price of Stock
Short Maintenance Requirement

$12.50 and up
40%

$5.00 - $12.49
$5 per share

$.01 - $4.99
$2.50 per share*



*You cannot initially short a position below $5.00 per share

Canadian stocks, Options, and any stock below $4.00 per share not marginable and therefore cannot be shorted.


I may not agree with what you say, but have fought and will continue to fight for your right to say it. USArmy 1966-1975

Best info board on Ihub:

http://investorshub.advfn.com/boards/board.aspx?board_id=14130

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