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Strategies & Market Trends : Roger's 1998 Short Picks
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To: RockyBalboa who wrote (17533)2/23/1999 10:53:00 AM
From: Mama Bear  Read Replies (5) of 18691
 
Christian, Datek will let you close positions if your stock gets moved to the BB. You have to call them on the phone, pay the phone commission, and I believe you have to use a market order. Argue about the phone commission, and double check the market order restriction. It might be worth it if you have another brokerage to use a limit order, have the shares delivered to you, and then deliver them to Datek, rather than risk a market order on the BB. Datek will probably start listing the price at 0 tomorrow, and will only tie up 2.50 per share of your margin in the meantime.

And rats, I missed ICCSA.

Barb
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