Replies to post #18548 on Grapefruit USA Inc (GPFT)

[dan1drew2]

Refill - check this out. It might give a clearer picture to your question. Keep in mind that brokerage houses can pretty much do what they want..........

Short selling can be very risky for both the investor and the broker. Brokers will often tell investors that only stocks above $5 can be sold short. Although this may be true for your particular brokerage firm, it is not a requirement set by the Financial Industry Regulatory Authority or the SEC.

Most brokerage firms will have a "short list," which details all securities the firm allows investors to short sell without any extra requirements. If you are looking to short sell a security that isn't on this list, your broker will have to call into the securities lending department to see if the brokerage has enough of the particular security for you to short sell. This list and the securities available for short selling will vary across different brokerages, and it is completely up to your brokerage to decide whether it will assist you in short selling a security.

The key here is manipulation. It's not what you know its who you know..

JB

[Admiral38]

You got it, refill, they cannot be used for short sells. They can be sold only at the price you establish or higher. In fact, upon further reflection, I may put my remaining shares, the vast majority, in for a sales amount that's ridiculous but would make me embarassingly rich if they did happen to sell.