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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Cytokine1 who wrote (4743)4/24/1998 10:05:00 AM
From: Biomaven  Read Replies (1) of 9719
 
C1,

<<The QGENF short sale proceeds are a "fictitious credit" and, in my opinion, cannot be used to reduce the margin or to buy other stock.>>

The way this seems to work in my Fidelity account is that there is a periodic "mark to the market" which results in either funds being transferred from the "fictitious credit" to the real balance, or vice versa if the stock went up.

Peter
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