SI
SI
discoversearch

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 : Softbank Group Corp -- Ignore unavailable to you. Want to Upgrade?


To: Labrador who wrote (4983)4/26/2000 8:22:00 PM
From: Yamakita  Respond to of 6020
 
Lab, no, it's not marginable with Etrade (or anyone else that I'm aware of). But it still makes a huge difference for people in danger of a margin call, since the overall equity portion of their portfolios has dropped considerably as a result of the "split." For those holding 100 shares, $44,000 of value has "disappeared" into the void.

Can anyone tell me the rationale of doing it this way? Why would the company wait so long? Isn't there some law preventing this situation? It feels manipulated to me.