SI
SI
discoversearch

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.
Strategies & Market Trends : Roger's 1997 Short Picks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: S Shaw who wrote (9066)12/30/1997 6:47:00 AM
From: Pancho Villa   of 9285
 
ESW: WDRY margin requirements. Will call Fidelity today to check share avail. and margin requirements and let you know. I know share price (usually stocks under $10 have 100% margin requirment instead of 50%), where it trades BB stocks may have a larger requirement, but different houses have different criteria coming into the equation. In the case of WDRY if they look at the Balance Sheet at all, the leverage is so high that I have no doubt margin requirement would be close to 100%. If you look at the Debt/equity relationship/ratio you will notice tha company actually belongs to the bond holders and these are also getting ready to jump ship.

Pancho
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext