Although NASD regulations prohibit it, I know it's possible because the OTC bulletin board is publishing short interest stats on their web site. Is it only non-U.S. investors who are shorting stocks under $5?
2006-08-24 05:18:55 · 5 answers · asked by cbz84hdbcyr757fhfyryeyehdh9999d9 2 in Business & Finance ➔ Investing
You need to be an established active trader with one of the big trading companies. Most firms don't let you until you have proven experience and they can get the stocks.
2006-08-28 16:41:56 · answer #1 · answered by Happy to help 2 · 0⤊ 0⤋
Maybe the stock was shorted, thus there is short interest, when the stock was above $5?
Why would you want to short stocks below $5? Risk reward is way out of whack. Your broker can answer your questions but don't think they're going to let you short a bunch of really cheap stocks.
2006-08-24 05:24:00 · answer #2 · answered by Oh Boy! 5 · 0⤊ 1⤋
Hi, i know what your question means. i also think stock market is a nice place for investing.
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Best Wishes && Good Luck!
2006-08-24 06:53:31 · answer #3 · answered by stock_trade_expert 3 · 0⤊ 1⤋
You need to have a prime brokerage account (those usually have an opening balance of $20 million or more) with a firm that specializes in hard-to-borrow stocks.
2006-08-24 05:54:00 · answer #4 · answered by NC 7 · 0⤊ 0⤋
That's just crazy. Why not go to Vegas instead? Quit screwing around and get serious about investing.
2006-08-28 09:39:03 · answer #5 · answered by randyrich 5 · 0⤊ 0⤋