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Strategies & Market Trends : Margin Calls - Share The Pain -- Ignore unavailable to you. Want to Upgrade?

To: ed pires who wrote (14)	11/30/2000 9:46:25 PM
From: daffodil	Respond to of 158

They sold stock other than the stock I was margined out on first and left me still margined Good point, ed. If you're in a maintenance call, and have a strong preference as to which stocks should be sold (tax reasons are usually the greatest concern), don't leave it to the firm to sell you out. Bite the bullet and enter the order to sell the stocks that should be sold first. Usually they sell out the lowest-priced and/or most volatile stocks, but not always. They may sell out your INTC and leave you with huge capital gains while your losers sit in your account, even though selling them would have made more sense for tax purposes.