Replies to post #27403 on Thresher Industries, Inc. (THRR)

[notabagholder]

interactive brokers and sogotrade are two that i know of to short pennies

[stockmamma]

I am not a shorter, so I have no names. What is have is buyins.net which clearly shows list of pennys that have been shorted. SEC rules even say that mm's can short.

[stockmamma]

from wikpedia

Naked short selling can be used to fraudulently manipulate the price of securities by driving their price down, and its use in this way is illegal.[2] However, the practice is considered benign under certain circumstances, such as trading by market makers.[3

[stockmamma]

also from wikpedia

Some commentators have contended that despite regulations, naked shorting is widespread and that the SEC regulations are poorly enforced. Its critics have contended that the practice is susceptible to abuse, can be damaging to targeted companies struggling to raise capital, and has led to numerous bankruptcies.[4][7][9] However, other commentators have said that the naked shorting issue is a "devil theory",[10] not a bona fide market issue and a waste of regulatory

[stockmamma]

also read this... it talks about mm's and penny stocks.

http://www.imanet.org/pdf/1832.pdf