Zebra, there is nothing deceiving about anything I've said. Everything I've ever posted has been in good faith and accurate to the best of my knowledge. It was, and is, my understanding that the FED determines what stocks are marginable. The example I used was QGLY, a small cap NASDAQ stock, which I stated. They required the FED's clearance before they became marginable, and despite an excellent balance sheet and fantastic sales, that took months to achieve.
As Seth pointed out, assuming he is right, a stock becomes marginable upon NASDAQ NATIONAL listing. I did not know that. I learned something. Did everyone know about the NASDAQ SMALL CAP stocks not becoming immediately marginable? I am right in that regard. Maybe we all learned something.
I think it is a shame that some on this thread must try to villainize those who don't think like them.
ULTIMATELY, WE WILL ALL KNOW THE VALUE OF MY POSTING COME JUNE 30, 1998. IF THE "STORM" OF SALES comes, then I will be wrong. If they don't, I will have exonerated myself on this thread, and the bulls will be forced to put the carrot out further, again.
FTEL: ~ $ 4.63a
VALUESPEC |
