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Re: jim1234 post# 12153

Monday, 08/17/2009 10:25:20 AM

Monday, August 17, 2009 10:25:20 AM

Post# of 79740
Yes you can short a penny stock.

At Ameritrade you have to have $2.50 in cash or margin available for each share that you short.

That is a broker requirement as far as I know, not an SEC or exchange requirement.

I assume that the big boys don't have that requirement.