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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?

To: Don Ward who wrote (5109)4/20/1998 2:50:00 PM
From: Musya  Respond to of 19331
 
DCTC is not a marginable stock for the majority of common folks in the U.S. Does that mean there should be not that many shares available to be borrowed?

Musya



To: Don Ward who wrote (5109)4/20/1998 2:58:00 PM
From: James Harold Alton  Read Replies (3) | Respond to of 19331
 
Scott, Thanks a lot for clearing that up. I have a margin account, but I only have one stock in that account and since it is not marginable (yet) I don't have any margin debt. (G) So according to what you have told me, no one can borrow my shares...good! (G)

James



To: Don Ward who wrote (5109)4/20/1998 3:38:00 PM
From: JOE MEDSKER  Read Replies (1) | Respond to of 19331
 
<<<<It does not matter if you have a cash account or a margin account. Your shares can only be borrowed from you if your account is margined
at that time>>>>

RSP,

I don't believe this is correct. If you have a margin account and you have not requested you broker to not loan out your securities they will loan them regardless if you have margined your account or not.

Best Regards


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