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tombrady12nh

06/20/08 4:13 PM

#69546 RE: JoeSmith #69544

Thanks Joe, I will read up this weekend. sorry just frustrated. Cheers
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Jang-A-Lang

06/20/08 4:23 PM

#69550 RE: JoeSmith #69544

Thats great Joe! LOL. Take your pick peeps!
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rockitt

06/21/08 2:09 PM

#69604 RE: JoeSmith #69544

Joe,

I did'nt know that DPDW.OB was a marginable stock?

Definition of a non-marginable security:

Securities that cannot be purchased on margin at a particular brokerage or financial institution. Some classes of securities, such as recent initial public offerings (IPOs), over-the-counter bulletin board stocks, and penny stocks, are non-marginable by decree of the Federal Reserve Board. Other securities, such as stocks with share prices under $5 or with extremely high betas, may be excluded at the discretion of the broker itself.

Non-marginable securities must be 100% funded by the investor's own cash, and holdings in non-marginable securities do not add to the investor's margin buying power.

Fairly new to the penny stock world so pardon my ignorance.

rockitt