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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
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To: Barronio who wrote (19106)3/10/1999 1:15:00 PM
From: Mama Bear  Read Replies (3) of 122087
 
"It was a Waterhouse broker who told me there was a SEC lower limit, and it was $3."

I call those Waterhouse reps phone monkeys. The Fed sets margin rules. I know all listed (NYSE,AMEX) stocks are marginable at any price. There may be a Nasdaq rule, but I have some ZITL (half of a box) in my margin account right now.

Barb
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