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Technology Stocks : Insignia Solutions (INSG) -- Ignore unavailable to you. Want to Upgrade?

To: Charles Broderick who wrote (471)	1/23/1999 7:33:00 AM
From: callmevern	Read Replies (1) \| Respond to of 1606

sharewatcher, shares can be bought on margin where i do business if stock is above $5 per share. different brokerage firms have various rules but generally shares can remain in margin account as long as there is enough equity to support it. if shares fall below $3 then most firms require 100% equity. as far as shorting, most firms will not allow individuals to short stocks that are below $5 per share. however, market makers have a different set of rules and i think they can short at any time. regarding insignia, i know of at least 20 individuals who have been long term shareholders that have suffered through the "dark" days and they're not ready to sell out now when this could just be the "beginning" of something great. infact, i know of new investors who came onboard just this past week. daytraders will come and go, but, for the patient investor, the coming years could be "wonderful". i hope this has been helpful. -vern-