Investors cannot short short Pink and OTC companies.
In addition, despite some of the quality companies, many are worthless. The Pink Market also disallows margin trading and short selling, which can be either positive or negative, depending on the investor's viewpoint. - Aug 14, 2023 - Investopedia
Some brokers can short PINK and OTC stocks. Interactive Brokers are the biggest shorters of PINK and OTC stocks.
I may buy into this stock. Addressing the shorts.. How can they get crushed if they started shorting approximately what PPS ? Now the ASK is .0001, they can cover at .0001 until there is a Bid of .0001. Ask .0002 and so on.. My question is how can the shorts get crushed, stock cant be any cheaper to cover*