Scorpex, Inc. (SRPX)

[Jim Bishop]

Find us somebody, preferably in Canada where the margin and maintenace fees are less than the $2.50/share required in the US for stocks under $2.50.

In Canada last I looked minimum margin/maintenance according to the Investment Dealers Assoc of Canada for stocks trading under .50/share was 100% margin PLUS .50 (FIFTY CENTS) per share, but you'll be hard pressed to find a broker anywhere up here, that will allow you to short anything under a buck, on any market.

Makes a lot of sense to tie up a few million bucks to short a subpenny that if it goes to zippo zero you might make a few grand, or lose it all if the POS takes a momo run and you can't handle the extra margin.

All this paid basher stuff, working for hedgies, shorting, naked shorting pennies is just so much bullshit...and you know it.