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


To: Mama Bear who wrote (8443)5/4/1998 7:09:00 PM
From: steve kennedy  Respond to of 16892
 
They aren't required to provide margin and for some reason they determined that Datek was at risk. Maybe they incurred losses and considered it a prudent step based on how the stock had been trading. It was weird, but a stock gapping 70+ points then dropping 40+ points is even weirder.