Recent

% | $
Quotes you view appear here for quick access.

VMware, Inc. Message Board

  • coolbreeze1168 coolbreeze1168 Aug 21, 2007 10:57 AM Flag

    when do vmw shares

    become a marginable security? thanks!
    cool

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • It may depend on the broker, but I was told by my broker that IPO's cannot be marginable until 30 days after pricing on the secondary market. There is a way around this though. If you have other securities, you could sell those to buy VMW shares. Then buy the other securities on margin. If you wanted to bet the whole boat on VMW and pick up more shares on margin you are stuck. Good luck.

    • stb52@sbcglobal.net stb52 Aug 21, 2007 11:10 AM Flag

      It may depend on the broker, but I was told by my broker that IPO's cannot be marginable until 30 days after pricing on the secondary market. There is a way around this though. If you have other securities, you could sell those to buy VMW shares. Then buy the other securities on margin. If you wanted to bet the whole boat on VMW and pick up more shares on margin you are stuck. Good luck.

 
VMW
89.13+0.62(+0.70%)Jul 31 4:05 PMEDT