I'd like to see what the SEC thinks about such manipulation, or if it's being done by any of the other brokerages.
Back when I did use margin, I was forced to sell some shares when a broker changed the rules, but that was when the price was below $7. Things may have changed, but last I heard $7 was the point that all stocks are fully marginable, but brokers do have their own rules, but usually with certain justification. Has Schwab justified what they've done.
Gary
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