How does delisting affect shorted stock?
How does delisting affect shorted stock?
Posted Feb 17, 2005 18:36 UTC (Thu) by jwb (guest, #15467)In reply to: How does delisting affect shorted stock? by doodaddy
Parent article: SCO Group to be delisted
Most retail brokerages have strict rules about shorting. For example many of them will not allow you to short a stock with a share price under $5. These rules are mainly in place to protect the broker from lawsuits. The online retail brokerages are a kind of padded kindergarten playground for investors. You can have a little fun, but it's not really dangerous.