Replies to post #86598 on Sarissa Resources Inc (SRSR)

[hacker1]

You can't buy penny stocks on margin!!

[d0lphint0m]

That makes more sense. If someone had a margin call for listed stocks then they must sell 3 times the margin call of listed securities...so if they had a $150,000.00 house call (margin call) then they would have to sell $450,000.00 worth of listed stocks to meet the call, but only $150,000.00 of non-marginable stock (under $2 a share at UBS when I worked there) to meet the call. It would make sense to meet the call with non-margined stock.

[FlatEarthSoc]

Now that makes a lot of sense.. if true, that guy's having a REAL BAD day.

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