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Strategies & Market Trends : Roger's 1998 Short Picks

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To: F. Lynn who wrote (9914)6/11/1998 10:24:00 PM
From: Hank  Read Replies (1) of 18691
 
I don't know. I think Datek makes it's own rules sometimes. They took one stock I had off margin status once (it was still well above $5) and nearly forced me into a margin call when all other brokers I checked with said the stock was still marginable in their firms. When I repeatedly questioned Datek on this, they were unable to offer a satisfactory answer. I think they did it to force a trade. Fortunately, that has only happened to me once.
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