I once put my shares at a price so high they wouldn't sell. My order was cancelled by ETrade along with a note that included a comment that if it was my intention to prevent these from being used as margin shares I wouldn't have to worry because only specific shares could be used... blah blah blah... I forget the details, but evidently it's not necessary to put the shares in limbo.
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Everything in this post is my own personal opinion. I do not claim to have any expertise or knowledge that would allow me to provide followable advice.