News Focus
News Focus
Post# of 112759
Next 10
Followers 93
Posts 11602
Boards Moderated 0
Alias Born 12/27/2011

Re: MD-420 post# 92689

Wednesday, 02/07/2018 11:16:45 AM

Wednesday, February 07, 2018 11:16:45 AM

Post# of 112759
FYI. You're margin borrowing limit is a percentage of the marginable stocks you own. Each brokerage makes their own rules on what stocks are marginable. At Morgan Stanley, for instance, stocks priced over $10/share get 50% of their value while those between $5 and $10 get about 33%. Anything below $5 does not have any margin borrowing power. Consequently, if you own a stock that just dipped below $10 or $5 your margin credit limit goes down and you can get a margin call. It has nothing to do with what other investors are doing or whether you're green on all your shares.

Les

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y