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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology
EDIG 0.00010000.0%Mar 20 5:00 PM EST
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To: ekn who wrote (13723)8/2/2000 11:14:43 AM
From: PartyTime  Read Replies (1) of 18366
 
No question about it, margin will get ya. But you know what? There's always the many out there who'll use newly-gained margin accounts. I learned this the hard way myself. And the fact I did it once, leads me to believe others will as well.

My point was, in the fury of events--i.e., Nasdaq, news/events, word of institutions buying, etc.--there'll invariably be some, perhaps even many, who'll use margin accounts. I was merely factoring this into the equation of what might happen in the midst of a strong EDIG run.

But, yes, let me echo your comment: Buying on margin is extremely risky, especially when using margin as a means to buy into an upstart company. Still I submit whether you, myself or anyone else presents warnings on doing so, such warnings will be ignored and margin buying will happen anyway. It'll become a factor.
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