Replies to post #16454 on Patient Access Solutions Inc (PASO)

[TenKay]

A US based stock can only be shorted through a US registered broker. Many Canadian brokers are registered in the US.

What does this mean?

It means they are subject to the same Fed Reserve Reg T requirements.

$2.50 margin per share.

So if a Canadian living in Canada wanted to short PASO through their TD account they would still have to put up the margin.

In the case of PASO that would be $2500 for a maximum profit of $25....

...which would be a remarkably dumb thing to do.

[SRV1975]

Booom! Legend post!