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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Nov 21 9:30 AM EST

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To: wonk who wrote (38367)6/18/1999 3:43:00 PM
From: barbara sperino  Read Replies (1) of 43774
 
Note that if the stock is under five dollars, the position may not have any loan value, that is, it may be nonmarginable. As a result you may need to come up with 100% equity for the short position, or upto $5 per share depending on the clearing firms' margin requirements. #reply-7881484
Does this mean that if I wanted to short a stock selling for .15 I might have to have $5.00 per share of money in my account for each .15 share of stock I want to short????????

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