To any and all: In my Datek account, the following stocks are not marginable and thus cannot be sold short (the riskiest category): etys, hlth, pcln.
The following stocks are marginable, but cannot be sold short: abov, athm, dclk, gnet.
I also have a few stocks that are marginable and can be sold short: amzn, aol, exds, rnwk, yhoo.
(I also have ebay, cmgi and more amzn in my schwab account, but will not concern us with that now.)
My question: on what basis are these distinctions determined?
I have never concerned myself with them much because I rarely if ever short and try to leave myself with plenty of margin room.
fwiw, my available cash balance is 20% of my account value, but yes, I am beginning to feel the need to understand these issues more fully.
tia, Rob |
