InvestorsHub Logo
Followers 53
Posts 3489
Boards Moderated 0
Alias Born 02/05/2014

Re: EMPATHY post# 39200

Friday, 03/28/2014 4:19:35 AM

Friday, March 28, 2014 4:19:35 AM

Post# of 66247

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.