Altaba Inc. (formerly Yahoo) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RLGough who wrote (22971)	7/14/1999 4:39:00 PM
From: -	Read Replies (1) of 27307

RLGough, Probably what it means is that his brokerage has instituted "special" margin requirements for YHOO. Schwab raised YHOO (and most other net stocks) to a 50% margin requirement, some brokers have even gone as far as requiring 100% reserves against the positions. They have legitimate concerns about being left holding the bag by some of their customers during a correction. However, my response was to close my Schwab account! The classic definition of "restricted stock" is different through... that means you are restricted from selling the stock during certain windows under Reg. 144... usually applies to stock granted to insiders through stock option programs, etc. Restricted stock has to be sold with extra paperwork, filings, abiding by different SEC rules than a normal stock sale. I don't think that pertains to your buddy though. Good trading, -Steve

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next