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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?

To: Marc Newman who wrote (13088)8/3/2001 2:36:07 AM
From: changedmyname  Respond to of 15615
 
>>There's no margin issue.

and then you go on to say:

>>Now there may be people getting margin calls in the stock
>>right now with it at 5.50-ish and that probably will
>>pressure it the next few days.

So which is it?

Jason



To: Marc Newman who wrote (13088)8/3/2001 9:44:29 AM
From: jopawa  Read Replies (2) | Respond to of 15615
 
correct me if i'm wrong, but if my past experience still holds true (gg), you can't buy a stock on margin over 5, but you can hold a stock on margin until it goes under 3, at which time they would ask you to put it in a cash acct and pony up the margin


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