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Strategies & Market Trends : MARGIN - Do's and Don'ts

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To: Greg Jung who wrote (12)9/1/1998 9:11:00 PM
From: Oak Tree  Read Replies (1) of 35
 
Actually, what happened with regard to my problem with calling in the margin was that battle mountain gold went low enough that it wasn't marginable. Has to be over $4 or $4.25 to be a marginable security. Wow BMG was a $10+ stock not so long ago. Went down to 3 1/16 yesterday. Anyway wasn't so bad since I sold a stock that actually went up this week, just before it went down 20% today, to cover my margin. Sometimes luck shines a little bit.
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