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Technology Stocks : GBT - Global Light
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To: Sir Francis Drake who wrote (179)9/27/2000 12:25:24 PM
From: Fundamentls  Read Replies (1) of 223
 
some brokers don't allow to margin stocks below $5, so there may be some margin selling

You may be right, but the brokers I use only apply this test at the time the stock is purchased. I have one stock currently trading at 2 3/4 and the part of my position I bought over $5 is still in my margin account.

Regards,
Fund
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