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Friday, March 28, 2014 4:19:35 AM
Nope.No broker will let you short below $3.
Not one.
All that action is MM's.
Passing the hot potato.
Whaen it goes down they can't sell it fast enough.
If there is a one let me know so I can short this scam(and a whole lot of others)stright into the Earths core.lol.
Interactive Broker and SureTrader will allow you to short penny stocks, but not sub-pennies like PPJE.
Some of the funds in your account are also held "hostage" (typically about $2/share) to short those low value stocks.
Oh... and you need something like $25K minimum to open an account with Interactive Broker, but only $500 for SureTrader.
Either way, you are not going to be able to short sub-pennies, and there are probably better shorting opportunities than pennies or sub-pennies available if you already have roughly $2/share available for shorting.
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