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Technology Stocks : Emulex, What Prospects?
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To: RockyBalboa who wrote (634)8/26/2000 10:28:43 PM
From: changedmyname   of 788
 
InfoStream, Re: the following statement:

>>"what happened with those poor sons whose stocks have been sold off by their brokers..."

That's an entirely different matter. If a broker sold shares of stock without consent by the client (or power of attorney) then I could see a case for a trade reversal (where the firm would eat it)... but that would be an isolated incident.

I doubt that a margin call would've come into play since the drop was only for 1 hour or so. If one had stop losses with their broker, then they are at fault.

Incidently, while I was watching it trade, I didn't think the volume was heavy at all. Volume should've been a lot heavier for the drop it had.

Regards,
Jason
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