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Re: tradinghawk1 post# 3533

Thursday, 11/11/2010 2:10:34 PM

Thursday, November 11, 2010 2:10:34 PM

Post# of 9229
On ETrade marginable if PPS >$2, which must be a slightly different policy than your brokerage.

Back at the end of the summer when LPH dipped below 2, I did get a margin call one time, but PPS bounced back in a couple days. But to be on the safe side I sold another brokerage equity and transferred cash to ETrade because I didn't want my LPH shares sold out at the bottom by ETrade. Since September earnings and PPS rise I have diversified so my marginable stocks are spread out better. Actually I am margined 10 percent in ETrade and 10 percent on my home equity loan, since this fall is a good season to stay in the money.
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