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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Rocky Reid who wrote (45778)1/27/1998 12:50:00 AM
From: slipnsip  Read Replies (1) | Respond to of 58324
 
<Incidentally, what exactly DOES happen when one can't meet a margin call?>

Your position is sold off either in part or in full depending on how large your call is. The brokerage firm doesn't need your permission they allready have it. These buy ins will typically take place in the last 15 minutes or so in a trading day or at the market open.



To: Rocky Reid who wrote (45778)1/27/1998 4:17:00 AM
From: Chucky  Read Replies (2) | Respond to of 58324
 
"Incidentally, what exactly DOES happen when one can't meet a margin call?"
And you've been in the market how long?

JavaScript:popup("/~wsapi/investor/personalprofile-1611039")

14 years?


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