Good broker for shorting sub-$5 stocks (Other than IB)

Discussion in 'Retail Brokers' started by morka, Mar 4, 2009.

  1. morka

    morka

    What are good brokers for short selling?

    (other than IB)

    For some reason most don't let you short sub 5 stocks.
     
  2. sink or swim. I mean think or swim.
     
  3. morka

    morka

    thinkorswim clears through penson, whose easy to borrow list isnt all that good, and it's stated right there, they wont let you short sub5 stocks.
     
  4. Hmm, never had a problem shorting with them. Shorted SIRI with no problems.
     
  5. gaj

    gaj

    morka is right. penson generally frowns on allowing sub $5 stocks unless there's a significant float on them.

    they will do it on special request....but penson tends to be the most conservative of the clearing firms.