Bioelectronics Corp (BIEL)

[kidnova]

Again, short sales simply aren't a significant issue with a stock trading at this price.

http://www.otcmarkets.com/stock/BIEL/short-sales

There are a ton of posts and articles about why the daily numbers are so badly misinterpreted, but it basically comes down to Market maker transactions on behalf of a retail customer are reported in two legs and if the sell is executed/reported before the corresponding buy it is recorded as a short sale. It is not a true short and is often covered within seconds of the intial sale, but it has to be reported as a short.

Yes, it is possible to short penny stocks, however the margin requirements to short a stock trading at $.002 are so astronimically high that it's not a viable strategy. Tim Sykes and those guys who promote shorting of penny stocks are actually talking about stocks trading between $.25 and $5.00.