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swager22

07/26/18 10:16 PM

#60809 RE: Scripo #60806

Nice short from .03 agh?

la_trader

07/27/18 2:20 AM

#60821 RE: Scripo #60806

You can use Interactive Brokers. they may have some shares to borrow and it is usually around $2.50 per share on the borrow fee. and no "margin", it is on your cash account.

there is NO margin offered by brokers on OTCs ever, period.

-Just like the urban myth of any retail trader actually "short selling" an OTC stock. fallacy.

-Well technically they could sell short using IB if IB has shares to borrow... but they would be one dumb SOB and they would be paying massive borrow fees - LOL.

anyone short selling stocks for profit is on the big boards, easy pickings and able to short sell equities on margin, sell calls or buy puts, or set up a nice put/call spread - all on nice cheap margin (IB is cheapest).

here at OTC is it only equitable for MMs to sell naked and short a stock. they have access and methods that no retail trader will ever have.