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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?


To: wonk who wrote (38367)6/18/1999 3:43:00 PM
From: barbara sperino  Read Replies (1) | Respond to of 43774
 
Note that if the stock is under five dollars, the position may not have any loan value, that is, it may be nonmarginable. As a result you may need to come up with 100% equity for the short position, or upto $5 per share depending on the clearing firms' margin requirements. #reply-7881484
Does this mean that if I wanted to short a stock selling for .15 I might have to have $5.00 per share of money in my account for each .15 share of stock I want to short????????

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To: wonk who wrote (38367)6/18/1999 3:44:00 PM
From: jhild  Respond to of 43774
 
Here's a minor point of information:

Owen M. Naccarato, Esq is the special Counsel to the corporation for this filing of the Form D.
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