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Microcap & Penny Stocks : INTERNATIONAL FIBERCOM, INC. (nasdaq - IFCI)

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To: Andrew Hunter who wrote (800)4/22/1997 10:31:00 PM
From: michael d kugler   of 2486
 
Chimi,

You are correct. In the US, it is nearly impossible for an individual to short a stock under $5. Market makers, hedge funds, and other institutions can. In BB stocks,(and I'm not saying this is one) there is no disclosure required of market makers.

I understand that if you go off-shore or to Canada and you're willing to put up 200% margin, it can be done by individuals.
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