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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.8000.0%Dec 19 3:59 PM EST

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To: Raymond James Norris who wrote (2263)3/25/1998 6:26:00 PM
From: Michael Anthony  Read Replies (1) of 2841
 
>>Oh you're totally right. It's not as if the stock has fallen any this past month to trigger margin calls.<<

Excuse me, but did he buy stock above 12? I don't think so. His highest purchase price was in the 10's and some lower as well. Show me anyone buying in the 10's who also got a margin call lately. THAT's why I say it's bogus. He needs a new broker if he gets called at ~20% paper losses. If you have a better explanation of why he got a margin call that I don't understand, please enlighten me. I have several friends who are still in this above 11 and they have recieved no margin call...yet :)
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