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Long Stock: Equities between $3.00 and $6.00

Initial and Maintenance:
50% of Purchase Price
Long Stock: Equities above $6.00

Initial:
50% of the purchase

Maintenance:
30% of current market value (65% for concentrated accounts, when one security constitutes 50% or more of the account market value).
Short Stock: Equities below $5.00

Initial and Maintenance:
The greater of: $2.50 per share

OR

100% of the market value + sale proceeds

TradeKing does not allow new short positions on stocks below $3
Short Stock: Equities above $5.00

Initial:
The greater of: $5.00 per share or 50% of the market value + sale proceeds

Maintenance:
The greater of: $5.00 per share + 100% of current market value

OR

40% of the position market value (65% for concentrated accounts) + 100% of current market value

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What does all that mean?

I must be reading it wrong because I feel those cost if I read it as I understand it sounds CRAZY!

-Wilton

e-mail me back and let me know what you think.