SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Aware, Inc. - Hot or cold IPO?
AWRE 2.160+1.4%12:13 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Norman Klein who wrote (4123)8/27/1998 11:17:00 PM
From: margin_man  Read Replies (1) of 9236
 
<<<It is my understanding that any stock under 5 must be 50% vested in cash (margin calls generally aren't
issued until you fall below 30%). So if Aware finishes below 5, expect a large number of margin calls not to
be met and for Aware to continue to fall.>>>

It depends on the brokers. For my broker (WH), 4 1/8 is a magic
number. Let's hope it doesn't happen. Even if it falls below 4 1/8,
you still have a few days to settle the call. Some will sell
to get out of the position. Some will hang tough and hope it
bounces back a day before the due date.

Patriot
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext