Nathan Michaud - Live Day Trading

[Technical Cash]

I haven't been trading that long so i need some help understanding something...

My understanding is most brokers make you pay an additional price per share ($1 to $2.5) when shorting penny stocks or sub-penny for that mater if they let you short at all.

To me this doesn't seem like a good risk for some one with pockets that deep.

For example:
shorting at .01 x 100,000 = $1,000 plus the additional hypothetical 1$ per share extra is $100,000 for a total of $101,000 investment

now you hold your short position for a couple days and cover at .004 you would only profit $600 for such a large risk.

Am I wrong and if i am what brokers are not charging the extra price per share.

you can pm me if you like