Margin Calls - Share The Pain Message Board

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Strategies & Market Trends : Margin Calls - Share The Pain

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To: Dan Spillane who wrote (12)	12/1/2000 12:33:22 AM
From: Raymond Duray	of 158

Hi Dan, Re: So many stocks are trading at rock-bottom prices, there could actually be a leveling out of margin calls now Rock bottom is zero, in the equities game. Is that what you had in mind? Or were you rather more optimistic that NPNT can't lose 100% from $0.59? Granted, you can't buy a decent hamburger with a share of NPNT any more, but be that as it may, why conclude it is rock bottoming out yet? Big picture, the Florida Follies, or the Thrilla in Vanilla is resolved by the 12th. Leveling out of margin calls occurs. Then, in a grinchian move of stunning speed and incivility, the warnings sirens start to whirr again. Your leveling off? Just a pool in the stream before the next cataclysmic Class VI waterfall of hopes and dreams. Prepare for a drenching, if not a drowning. Any fool who still owns anything on margin here deserves his/her fate. In the world of white water kayaking we call it natural selection. Ta Ta, Ray

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