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Gold/Mining/Energy : Crystallex (KRY)

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To: Walter Kalin who wrote (7145)3/19/1998 8:47:00 PM
From: michael a  Read Replies (2) of 10836
 
Walter
I appreciate your response...I am not saying that all brokerage house immediately drop stocks from their margin list when a stock drops below $5. Different houses have different standards...some may drop them if they have traded below $5 for ten consecutive days, 20 of the past 30 trading days, etc...The firm mentioned may have dropped it for many reasons, but this does not necessarily indicate their lack of confidence in the stock.....it may, or may not. I don't see it as a negative, nor even meaningful to consider in analysis of KRY. Dropping a stock from the margin list is commonplace when a stock drops below $5 at MOST wire houses...
Regards,
MA
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