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Microcap & Penny Stocks : ABTX - Agribiotech
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To: The Ox who wrote (7399)2/4/1999 5:56:00 PM
From: Mama Bear  Read Replies (1) of 8359
 
Michael, at most houses 5 is an initial margin requirement, not a maintenance requirement. I have held a stock down to 2 in a margin account, and received no margin call. At the time, it was the only security in the account, and there was a debit balance. It never exceeded the 30% maintenance requirement though.

Barb
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