A quick question

Discussion in 'Politics & Religion' started by TonyOz, Jun 11, 2002.

  1. TonyOz

    TonyOz

    Just a quick question.

    I have been receiving lots of emails lately from individuals who are interested in shorting stocks under $5

    unfortunately, I have never done so myself, so I know nothing about that (I didn't think it was possible, because stocks under $5.00 aren't normally marginable)

    So in short, if anyone of you knows of a retail broker that will allow this, can you please email me. I'd like to be able to give a better answer than "I don't know of anyone" to those who ask.

    tony@tonyoz.com

    Thanks in advance.

    Tony
     
  2. IB's list of shortable stocks includes many under 5.00, even WCOM when it was trading at 1.25 but I've never tried it. I always thought, too, it had to be marginable.
     
  3. If someone will lend it to you, you can short it...