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.

Non-Tech : Ameritrade -- Ignore unavailable to you. Want to Upgrade?

To: Gil Gilbertson who wrote (208)	9/1/1998 6:48:00 PM
From: AugustWest	Respond to of 513

Gil, I don't know who your full service broker is, but I think that is illegal, unless you either signed a consent form or your margin call expired. I know on the latter, they can be ruthless and just start whacking at will if you don't contact them. I have arrangements with my full service broker as to what to sell off first and so on if I ever need to sell off for a margin call. But that's the only way I think they can sell your holdings. Maybe some one here can clarify this, or perhaps you might want to contact an attorney. But I would be mighty pissed to come home and find out that I was sold out because someone was looking out for my best interests.