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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?

To: Cavewoman who wrote (24624)12/8/1997 12:52:00 AM
From: Kurt N  Read Replies (1) | Respond to of 55532
 
Margin is the devil. Don't use it myself.

What % equity do you have in your account? As long as your equity is 50%+ you can withdraw money or stock or buy more stock on margin, as long as after doing that your equity is 50+%

Besides penny stocks (ie. RMIL) are non-marginable, so I don't see how you could get a margin call since the stock is in your CASH account.

Kurt



To: Cavewoman who wrote (24624)12/8/1997 1:03:00 AM
From: michael d kugler  Read Replies (1) | Respond to of 55532
 
Ginger,

Did you buy this stock on margin?


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