News Focus
News Focus
Followers 3
Posts 2127
Boards Moderated 0
Alias Born 08/15/2006

Re: dealerschool2006 post# 55786

Friday, 08/25/2006 2:57:02 PM

Friday, August 25, 2006 2:57:02 PM

Post# of 169297
If you have 1000 in your us account, you don't meet nyse margin minimums.

If you own 1000 GOOG, with no debit, your BP for marginable securities would be 373k. For non marginable securities, your BP would be 186,500. You would in effect be using GOOG's margin power to buy a penny. Happens all the time. Ask your broker.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today