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Microcap & Penny Stocks : JNNE Jones Naughton: Go Online via Kiosk

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To: wallstreeter who wrote (474)4/7/1999 1:06:00 AM
From: Chris K.  Read Replies (1) of 4824
 
wallstreeter,

I am a Canadian an I can tell you that my brokerage firm as well as 95% of all other one do not allow the general investor to short any otc-bb stock !!

In order for someone to have that kind of leverage with a REAL broker (not online), they must have a HUGE portfolio. Usually, these types of investors rarely mess with penny stocks!!!

I guess it could be done as I have heard many say BUT there ain't a whole bunch of people that can do it thus it shouldn't account for a big % of the day's volume!!

CK
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