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Technology Stocks : QUANTUM -- Ignore unavailable to you. Want to Upgrade?

To: Z Analyzer who wrote (6517)12/11/1997 10:06:00 AM
From: Jon Tara  Respond to of 9124
 
Z, not rediculous at all. It's not unusual for brokers to make a stock unmarginable when it has a big one-day drop like this. This will likely be the case for only a couple of days.

The risk at this point would seem to be primarly on the short side. :)

In any case, brokers are perfectly within their rights to remove the marginability of stocks in order to protect themselves and their customers from loss. "It's a privlege, not a right", etc. yadda yadda...


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