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.

Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES -- Ignore unavailable to you. Want to Upgrade?

To: Starduster who wrote (260)	11/30/1998 9:28:00 PM
From: HiSpeed	Read Replies (1) \| Respond to of 15987

From TSC: thestreet.com "There was definitely some profit-taking, definitely some opportunistic selling in Internet stocks as the buyers all blew their wads last week," said Doug Myers, vice president of equity trading at Interstate/Johnson Lane in Atlanta. Myers said a report in the The Wall Street Journal that many discount brokers are raising margin requirements for investors wishing to trade Internet stocks may have been a concern for professional investors. But "I don't know every Mom and Pop is worried about their margin being goosed up," he said. "As long as the stocks are up so much, you still got buying power." Doesn't this give you the impression of tightening margin requirements?