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To: Gerald Walls who wrote (7461)3/21/1998 5:04:00 AM
From: dumbmoney  Read Replies (3) | Respond to of 16892
 
Margin accounting question for the veteran shorters (or Datek employees):

Suppose I open a new account by depositing stock, no cash. I then short a stock. The market value increases. Am I charged margin interest on the difference between the short sale price and current market price (assuming I do NOT cover)?