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


To: Gorak Shep who wrote (9503)8/16/1998 9:50:00 AM
From: Jim Brown  Respond to of 16892
 
Gorak it's happened to me and Datek allows you to maintain the postition with 30% margin requirements.



To: Gorak Shep who wrote (9503)8/16/1998 10:31:00 AM
From: Mama Bear  Read Replies (1) | Respond to of 16892
 
Gorak, I maintained only a small account at Datek last year, and all that was in it was one $6 stock, which subsequently fell below 5. Datek never said anything about it, and I maintained the position for months. The debit balance was small though, I'm sure it would have been a different story if I had used 200% equity to buy the stock.

Barb