Medical Marijuana Inc (MJNA)

[nopancakemix]

I highly doubt your story
My ETrade and Merrill accounts are both margin accounts but I can only short with the ML account because of my status with the company. And you're claiming to do this with penny stocks? Sorry but that is a load of BS

You don't use any funds to short, but 99% of retail brokers, Suretrader included, do not let retail traders "naked" short a stock, meaning you cannot short a stock you do not already own. For example, if you don't own any AAPL shares, you cannot short the stock. I own xxx amount of AAPL shares, therefore ETrade will ONLY allow me to short the same xxx amount of shares or less. Plain and simple. Naked shorting has been seriously curtailed since 2008. You or your broker has to own the equivalent shares in order to borrow them for shorting.

I have been trading for over a decade and seen repeated stories like yours. Nice try. Move along