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Biostar Pharmaceuticals, Inc. Message Board

  • sonofapreacher888 sonofapreacher888 Oct 29, 2013 1:38 PM Flag

    short selling non information *** holes on this board... MIZESAW AND SCIENCEINVESTMENTS

    both of them ARE the same idiot with a little #$%$ and a 300 pound wife.

    Sentiment: Strong Buy

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    • Nope - not the same.. But as I said before - I sure wish I could have gone short above $1.30!!!
      However one can't short stocks trading below $5 in the US.

      • 2 Replies to mizesaw
      • scienceinvestments101 scienceinvestments101 Oct 29, 2013 10:34 PM Flag

        sono888, wow 300 pound wife? Wow your a dandy bud. Show that higher education you never received. Just for the record, my wife looks like a young Dolly P. with all the right curves. Responding to you only gives me a headache, remember the first of the month is coming up, keep checking your mailbox for that Gov. help!!

        Sentiment: Strong Buy

      • I guess I should clarify - almost no broker will all you too and certainly not Scottrade.

        As Investopedia puts it:

        Can you short sell stocks that are trading below $5? My broker says that I can't.

        Short selling can be very risky for both the investor and the broker. Brokers will often tell investors that only stocks above $5 can be sold short. Although this may be true for your particular brokerage firm, it is not a requirement set by the Financial Industry Regulatory Authority or the SEC.

        Most brokerage firms will have a "short list," which details all securities the firm allows investors to short sell without any extra requirements. If you are looking to short sell a security that isn't on this list, your broker will have to call into the securities lending department to see if the brokerage has enough of the particular security for you to short sell. This list and the securities available for short selling will vary across different brokerages, and it is completely up to your brokerage to decide whether it will assist you in short selling a security.

4.45-0.09(-1.98%)Jul 28 3:59 PMEDT