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Microcap & Penny Stocks : Syncronys Softcorp (SYCR)

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To: John Leach who wrote (2748)2/20/1997 11:01:00 AM
From: Carlton G Glenn   of 30240
 
John, my understanding of margin requirements,
The federal reserve board decides whether a stock may be bought on margin...
The margin dept of your broker will then review the stock and decide if they want to permit margin buying, volatility is a big consideration....
Also, there be additional margin requirements that need to be met if the stock drops below $5.00, I would be required to add 2 cents per share with my broker...
Carl

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