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.

Gold/Mining/Energy : Epic EAS.v (formerly Epic ERB.v and Safari SIR.v) -- Ignore unavailable to you. Want to Upgrade?

To: ian dodge who wrote (1666)	3/18/1998 3:46:00 PM
From: B. Thomson	Respond to of 3335

Ian, I can confirm your theory. CLK was right as well. The brokerage houses do in fact clean up their accts. at the end of March. Stock prices went down last year at this time for the same reason. B.

To: ian dodge who wrote (1666)	3/18/1998 4:29:00 PM
From: Harryx	Respond to of 3335

Hi Ian The is no end year effect as a result of brokerage fiscal years as far as I am aware. Certainly not during my time with major house. Overdue accounts have to come onside within government regulations and industry rules and cannot be left hanging. Mind you, this may happen in boutique operations like Lemaire fiasco in Montreal or so. If there is an effect, it is indiscernible to the overall markets in my opinion. If there is housecleaning to be done, then the whole operation is flakey IMO and one should stay away from that brokerage and anything it covers.