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To: Mama Bear who wrote (1378)6/13/1999 2:48:00 PM
From: Todd N  Read Replies (1) | Respond to of 2076
 
Barb, I believe WH has a 30 day policy on margining IPOs. I don't know this for a fact, just based on my experience with trading IPOs in the aftermarket there. I've really messed up my buying power by buying too much, too soon sometimes, thinking I had plenty of room.

I wish there was a way for WH to display the marginable status when the order is placed. Maybe tell us what % is marginable. Also, some of their internet stocks are 50% marginable, some are not marginable at all and it can change from day to day. It seems I'm always guessing.