Silicon Investor (SI) -- The First Internet Community

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.

Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: Peter V who wrote (1453)	6/21/1999 6:53:00 PM
From: RockyBalboa	Respond to of 10293

That's what it meant to be, For example, if I had initially $10,000 and I short 500 MVIS @ 12, net, then I have: Real cash: 16,000 (10k + the trade proceeds) Available Cash: 7,000 (Real Cash minus 150% of the market value of the short position) "Buying" power: 14,000 (2x Available Cash) Assume your shorted stock is not set to nonmarginable. In that case they would subtract 200% of the market value from the real cash, leaving only 4.000 "available"