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First Cash Financial Services Inc. Message Board

  • mentges mentges Apr 12, 2000 1:17 PM Flag

    Margin calls may be impacting smallcaps

    I track 12 stocks in my portfolio, and I have
    noticed that my smallcaps have been hit harder than my
    large caps like Merck (which has gone up). One theory
    is that people will dump smallcaps to raise money
    rather than sell blue chips. I never buy on margin, but
    friends who do have been getting margin calls on their
    internets. Let's face it, would you sell a small cap like
    FirstCash or a blue chip?

    Glad I didn't sell
    yesterday - I think today is the bottom for NASDAQ.

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