Shorting Penny Stocks is allowed by the OTC but mo
Post# of 75011
Posted On: 04/15/2015 5:14:16 PM
Shorting Penny Stocks is allowed by the OTC but most trading platforms will not allow it. Majority of firms wont allow short selling below $5pps as they downside is forever for short selling a penny stock. Short selling a $50pps stock isn't as risky since more than likely its not going to run up to $70pps the same day.
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