Jim,
Here's a little of what is happening to the internuts. The following is from the Suretrade margin account update:
Please be advised of higher margin requirements in place for volatile stocks. Regardless of whether the account is Diversified or not, if the following stocks are in your account, the Equity Requirement on the account will be raised as indicated:
To 50%: PPOD, SEEK, MSPG, ELNK, XCIT, PSIX, ATHM, LCOS, NM
To 65%: CYCH, CDNW, SPYG, DRIV, AMZN, EGGS, BYND, PTVL, TGLO, CYLK, TCTV, COOL, OMKT, BAMM, MALL, EWBX, ONSL, MZON, EBAY, BOX. UBID, NSOL, BCST, CMGI, CYLKE, GEEK, GIII, IMAL, KTEL, NSOL, SKYM, YHOO, AMEN, AMENW, GCTY
To 75%: KTEL
- All of the above securities have a 100% margin requirement if they are in your short account |
