Thursday, December 06, 2012 9:05:52 PM
The average investor can't or it is extremely difficult to short a penny stock - the margin requirements are just cost prohibitive. You have to have $2.50 margin per share to short a stock under $2.50.
If you want to short 500,000 shares of a stock at $0.004, you have to have $1,250,000 in your account, and 500,000 shares at $0.004 is only $2000.
The good thing is you won't get a margin call unless it gets over $2.50.
IG
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