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To: arthur pritchard who wrote (120669)4/26/1999 2:41:00 PM
From: Shadow  Read Replies (1) | Respond to of 176387
 
On some of these fast moving I-nut stocks brokers will liquidate your
holdings without even telling you in advance if a stock is dropping too quickly (or climbing too quickly if you're short)



To: arthur pritchard who wrote (120669)4/26/1999 2:42:00 PM
From: Augustus Gloop  Read Replies (1) | Respond to of 176387
 
The limit is 3 days...period. Now on Internet stocks you will find B/D's that require a higher Maintenance but calls are 3 days. The problem is Many B/D's don't have a seat on the exchange so they clear with another company who seats the rules for them. If asked to cover a call in less than 3 days your response should be "lick me where I sweat."


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