Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?

To: Jon Tara who wrote (6817)	2/16/1998 11:55:00 AM
From: whtsang	Read Replies (1) \| Respond to of 16892

You've missed the $9.99 commission fee! $9.99 margin interest will be charged. Am I right?

To: Jon Tara who wrote (6817)	2/16/1998 4:01:00 PM
From: Peter H. Hodge	Read Replies (1) \| Respond to of 16892

Jon...I certainly will appreciate a correction if my understanding is wrong, but here's how I thought the margin interest worked. Put 100,000 in account. Buy up to 200,000 of stock during the day. Sell it all and be all cash overnight. In that scenario, I thought there was no margin interest. BTW, I really appreciate your insightful posts and work on Scammer. Hope you still have time to make the improvements you have mentioned. If you or anyone else would like .slf files of all the stocks listed by group/sectors on the Daily Stock page, email me. I have them in a zip file and they are of course used by Real Tick III