Dell Technologies Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc.

DELL 133.20

+5.7%

Nov 26 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: freeus who wrote (129631)	5/28/1999 8:34:00 PM
From: Matthew L. Jones	Read Replies (1) of 176387

What is with this concept, anyway? I hold only four positions (DELL, CSCO, MSFT, and AOL) and AB Watley just arbitrarily decided to raise my maintenance requirement from 25% to 50% which totally blows my money management plan (I keep 20% of my portfolio in cash to act as a margin cushion). I have no problem if they do it while I don't have any trades on, but it seems unethical to me to change the rules in the middle of the game and thereby throwing my risk management out the window and putting my account in jeopardy. It happened to me in February when I had a very big YHOO position on, and now with a pretty tame portfolio. Now they are calling CSCO, MSFT, and DELL all "internet stocks". Is this legal. Maintenance requirements are not regulated by the SEC but fall under the Federal Reserve "Regulation T" and that really only deals with margin purchase requirements and not maintenance requirements. I've been with four brokerages before and have never experienced this before. MLJ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next