Remember now you can ask me any question and see my answers for free on my new FAQ page!
I’ve got 4 newsletters now because unlike most others in penny stock land, I’M REAL!
One of the top questions I receive day in day out: Can I short penny stocks?
Google please pick up this post and help me spread the word: YES!
All you need to do is find the right broker–I use and recommend Thinkorswim, Interactive Brokers & Sogotrade….TIMalert subscribers have opened account with these 3 brokers and profited over $1.1 million in 2009
Thanks to unethical stock promoters, there is sooooo much misinformation on the internet–don’t listen to anybody who says there is an SEC rule against shorting stocks under $5, 3, $1…if you can find shares to short, it’s shortable and most penny stocks deserve nothing but to be shorted.
After all, this is my core trading strategy and as I detail in my book An American Hedge Fund, it helped me turn $12,415 into $1.65 million 1999-2002 and now is the main reason why I am the #1 trader out of 40,000+ on Covestor.
I highly suggest my study guides to help you learn how to short sell penny stocks, namely PennyStocking Part Deux….these 3 intro video lessons will help you get started
Here are some basic blog posts:
Posted in Basics, FAQs, Short Selling