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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product -- Ignore unavailable to you. Want to Upgrade?


To: Instock who wrote (522)12/31/1997 3:16:00 PM
From: taxikid  Read Replies (2) | Respond to of 1837
 
i apologize for bringing this on the thread..i hope you see fit to remove me from the list out of concern for what is right.. as far as this being a marginable stock.. most brokerage firms say that a stock has to be above a minimum $5 for 3 bus days, others are more lax, and full service brokers{if they are worth their weight in paper}won't let you short a $5 stock.{as if the trade goes against the customer they can go to sec and file a complaint against the broker, when the broker is supposed to keep the client from putting himself at material risk}
That is the difference between what full service brokers and discount brokers do..some online brokers want you to have experience before they let you trade your money freely.
either way drmd is moving, we all know where resistance is, and as i reiterate.. short term bulls can get squeezed hard if they play in front of a freight train.. i think there maybe a small pullback but would not place bets on it..
will be back in drmd when it bases above $5.. if it doesn't then i won't..
taxi