e.Digital Corporation (fka EDIG)

[HotrodHans]

Ameritrade to Offer Short Sales of $5 and Under Stocks

September 20, 2005

The newest site feature on Ameritrade is that there is a new way to trade small cap stocks. It is now possible to short sell stocks under $5. No longer are market makers only able to engage in short sales of smaller companies. Another change coming soon will be free level two quotes for pink sheet securities. This should come in direct competition with many brokers such as Alphatrade, that have long thrived on providing special small cap services. Yet, when promoting these new features, Ameritrade makes it clear to point out that when trading OTCBB and pink sheet securities, you can lose your entire investment. It's a no brainer, and so is there ability to finally offer these services to investors. It has been a long time coming.

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