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To: Bexar who wrote (100256)12/4/2003 12:22:53 PM
From: Findit  Respond to of 208838
 
Bcon moving on news of meeting listing requirement. They also stated they will not now need to do a reverse split. Jim



To: Bexar who wrote (100256)12/4/2003 12:24:50 PM
From: Bob  Respond to of 208838
 
I think this new rule is total bullsh*t.

The way I read it, now your brokerage account can treat every trade as a margin trade, and charge you the margin interest. If you have a 100K account and buy 1000 shares at $100, and sell the same day, that money is tied up for 3 days. So when you place another trade, it's considered as going on margin since those funds aren't available.

I think they are dreaming up new ways to make money.

Regards,

Bob


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