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Re: mm107 post# 1801

Sunday, 02/13/2011 10:38:35 PM

Sunday, February 13, 2011 10:38:35 PM

Post# of 9416
you could not be more misinformed, it is unfortunate, huh? no stock under 5 dollars is marginable, one must borrow the stock and by one I mean the b/d does on your behalf, that can only be done in a margin account borrowing stock to cover for unlimited loss potential. if you short, they can only do this in a margin account, you can't margin these stocks as per sro guidelines to prevent problems. Since they can not be margined they can not be shorted. The B D's will not let you short it and I don't care if you put a million dollars to short 10 dollars of a penny stock. which brings to another point. someone said if you put up enough money you could....that too is wrong and besides who in the heck would put up 250k to short 1k of stock...that is idiotic ...I am sorry but you need to call someone and get told live and then you will believe or you can get all the hype from bogus places that have no clue
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