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Technology Stocks : Smart Modular - diamond in the rough?
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To: Swamy S . Bale who wrote (1403)5/22/1998 2:43:00 PM
From: VincentTH  Read Replies (1) of 2020
 
Swame,

No, I'm not going to say don't leverage on margin etc... because that's too late now, and that does not help you.

If you have to sell something to meet margin calls, you can do 2 things:
1. send in $2500 for now to keep it above the water.
2. Sell some to avoid liquidation.

You got 3 days to do it, so
in either case, you have until Wed to sell. But then again, a lot of other people would be facing the same problem as you. The bottom line is the stock will pull up by Mon, Tue, due to short covering and drop down later in the week because of Margin calls.

Just my opinion of course, and please take it with a grain of salt.

//V
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