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scania4

10/27/14 9:41 AM

#310757 RE: wilma6311 #310756

Pop...ok. But FINRA and I disagree with you.
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Poptech

10/27/14 10:00 AM

#310759 RE: wilma6311 #310756

Wilma: It is impossible to issue a short sale transaction at .0001. I was going to say, "for obvious reasons" but clearly it is not obvious. If I short a stock, I purchase those shares at a price less than current market price in the hopes that I can later purchase those shares at the lower price.

At .0001, the broker would cancel the short sale because a) the share cannot be purchased at a lower price, b) the transaction value is too low for a margin account.

Here are the short sales dailies from FINRA. Search NEOM.

http://regsho.finra.org/regsho-Index.html