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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Caroline who wrote (14734)10/22/1998 10:18:00 AM
From: Moominoid  Read Replies (2) | Respond to of 18691
 
Datek have also increased NM (no margin). I used to have a stock called Globalink which was mostly around 2 or 3 bucks it was marginable earlier this year. Now Peapod at a similar price is non-marginable. When it is above $5 the NM sign comes off. WFR is NM even though it is above $5.

The bottomline is they have tightened conditions here too.

David



To: Caroline who wrote (14734)10/22/1998 5:41:00 PM
From: Roger A. Babb  Respond to of 18691
 
Caroline, both shorting and margin count as borrowing, I think the SEC or Fed must have tightened borrowing requirements for brokers.


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