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

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To: Cytokine1 who wrote (5024)6/1/1998 3:05:00 PM
From: Rocketman  Read Replies (1) of 9719
 
CytoAccountantMan1:

I don't understand how you come up with negative buying power on this posting when we have $111K equity and $95K debt. We should have $16K buying power. Even with the short sale, the value of that is secured by the restricted cash of $22K, which more than covers the amount needed to cover the short. If the short was out of the money, then the available buying power should get converted to reduced to leave reserves to cover the short....at least in my mind. OK, time for one of you brokers out there to quit lurking and earn your keep and let us know what we really should be doing?????

Rman
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