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Gold/Mining/Energy : Day trading in Canada

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To: keith massey who wrote (3492)7/2/1999 12:56:00 PM
From: BradC  Read Replies (1) of 4467
 
Anyone know of a way to short penny stocks?

I have always been told by brokers that I can't short penny stocks because they cannot be traded on margin and thus cannot be borrowed. But on checking the short position records for various penny stocks (ie under $2) I find there are all kinds of short positions existing for these stocks. Obviously someone out there can short such stocks.

Can anyone shed some light on this.

Brad
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