Sell short microcap stocks

Discussion in 'Trading' started by Panurgo, Jun 27, 2007.

  1. Panurgo

    Panurgo

    Hi guys,

    is it possible to sell short microcaps and penny stocks?

    And if so, which brokers allow this?

    tnx

    P.
     
  2. Imagine

    Imagine

    go to IB and see the shortable list - many micros on it, even many 1 penny stocks but

    the problem is - the margin required

    did this research awhile back but it probably still applies
     
  3. Panurgo

    Panurgo


    How much margin is required?

    Assume I have $50000 in my account and want to short 100000 share of a 0.1 penny stock, how much will ib charge for?

    tnx
    P.