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Re: hometownJOE post# 1752

Tuesday, 10/23/2012 4:43:33 PM

Tuesday, October 23, 2012 4:43:33 PM

Post# of 130513
Do a google search on Timothy Sykes to find his website where he offers (for a fee) instructions on how to short penny stocks and which brokers offer it. From what I know the margin requirements are substantial especially at something at the sub-penny level, but it can be done. My observation is that due to the margin requirements, the more practical shorts are done between $1-$5/share range.

Disclaimer - I think Timothy is full of himself/immature/braggart/chauvanist, but nonetheless, he appears to legitimately do what he says he does. This is not an endorsement of him, his services, or his trading activites.