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


To: Judge17 who wrote (3422)3/26/2008 10:25:46 AM
From: RockyBalboa  Respond to of 6370
 
"Let's say one buys $100,000 of the new pref".

Question: can I buy 100,000 in new pref? Where?

"shorts 133,333 of the common"

That would be doable (I will have to post margin in the range of about $330k (thats what my broker shows me ). As a valued client, I could try to water down this requirement to 180k by posting the markt value of the pref as collateral.