LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (966)	10/7/1998 11:05:00 AM
From: Jeff Sutton	Read Replies (1) of 43080

LastShadow - or anyone - stocks under $5 When a stock sinks below $5 (AFCI, for example, currently 4 3/4), this means you can't short it, right? Any data on what happens to a stock that slips under the $5 mark? Since it's no longer marginable, some people have to sell, I suppose. On the other hand, since it can't be shorted anymore, would this exert upward pressure? Just curious if there is any data on this.

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