VVUS: VIVUS INC. (NASDAQ) Message Board

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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)

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To: Mkilloran who wrote (17705)	1/12/1999 12:47:00 PM
From: VLAD	Read Replies (2) of 23519

martin, The vast majority of the brokerages will not allow you to buy stocks on margin if they are below $5.00/share. Also, on stocks bought on margin above $5.00/share, most of these same firms require 100% cash if the stock goes below $3.00/share. That being the case, most share holders either have their shares in cash accounts or had to place cash into their margin accounts long ago to cover their margin calls. The 2 people who have told me that they have requested their certificates claim that they still have not received the certificates (one person over 2 weeks now and the other over 3). I do not know what is considered a "normal" time span from request to delivery but so far the impression is that it shouldn't take more than 10 business days.

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