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petermic

07/05/07 1:06 PM

#240 RE: bowman88 #239

You can wait as long as you like, unless your borrow disappears which can happen at any time. Happens commonly in stocks with small float. it's a dangerous game. I manage the risk primarily by having many small positions - no big positions.

sliverbullet

07/05/07 1:13 PM

#242 RE: bowman88 #239

He will most likely get a margin call as it continues to rise. The higher it goes the more it deducts from his account until he covers.