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With a stock a very high beta like Rimm I do not think that the brokerage houses would give three days to cover. I more that likely would be one day and if it is running up like it did on the 50% day they may not even give an hour.
It depends ENTIRELY on WHO the account belongs to.For a hundred lot'er....the brokerages aren't going to give you much room. And you are right, if/when they get nervous...they will clean up those credit risks first.Hedge Funds are a different matter. They are playing by a different set of rules by definition. And let's be honest...are worth one hell of a lot more than Hundred Lot Accounts.So think about it, make some calls, and you may finally start putting some of this together. Although I seriously doubt it.SHORTIES HAVE UNLIMITED LOSS POTENTIAL.Guess I forgot to put that on some earlier posts.
never understood unlimited loss saying about shorts.long or short one can lose everthing and no more.