Online Brokers You will find a larger variety o
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Posted On: 05/30/2019 11:32:47 AM
Online Brokers
You will find a larger variety of choices with online brokers than traditional investment firms. You are more likely to find a broker that allows shorting penny stocks this way, but major online brokers such as eTrade and TD Ameritrade still prohibit short selling of over-the-counter stocks, which rules out most penny stocks. You will have better luck with smaller brokers such as Sure Traders, Interactive Brokers and SpeedTrader.
https://finance.zacks.com/options-short-selli...11785.html
This is for information only to show that shorting of penny stocks can be done and anyone who posts differently is not accurate
You will find a larger variety of choices with online brokers than traditional investment firms. You are more likely to find a broker that allows shorting penny stocks this way, but major online brokers such as eTrade and TD Ameritrade still prohibit short selling of over-the-counter stocks, which rules out most penny stocks. You will have better luck with smaller brokers such as Sure Traders, Interactive Brokers and SpeedTrader.
https://finance.zacks.com/options-short-selli...11785.html
This is for information only to show that shorting of penny stocks can be done and anyone who posts differently is not accurate
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