Microvision Inc (MVIS)

[Norm2]

MVIS and margin accounts

There has been quite a bit of talk on MVIS boards about the heavy short position.

I saw this note today on another board.

"INCREASE IN MARGIN REQUIREMENT FOR SMALL-CAP STOCKS

Effective 12:00 (noon) on Monday 29 September, margin rates for many stocks with low market capitalization (under $100 million USD) will increase from the default margin requirements [maintenance margin @ 25%, initial margin @ 50%, short margin @ 30%]. The new minimum margin requirements for these small-cap stocks will be: * maintenance margin: 100% (non-marginable) * initial margin: 100% * short margin: 100%"

It sounds like people who use margin to establish short positions (if there are any such) will have to put up more money next week.

Norman