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Biotech / Medical : Biotime-Nasdaq's best kept secret?
BTIM 0.00010000.0%Nov 5 1:26 PM EST

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To: Jim Roof who wrote (647)2/6/1998 9:50:00 AM
From: Stephen How  Read Replies (1) of 1432
 
Of course, if they knew that BTIM was a scam or that the results were lacking in any way they would be foolish to leverage a margin account with a 'precarious' holding in BTIM stock.

Jim


Yes, if they max'ed their leverage, and the stock price fell, they would be margined called, and Montgomery Securities would sell their BTIM to cover their other purchases. I.e., they'd be risking their BTIM holdings for, say, CSCO or T.

Steve
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