SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Rande Is . . . HOME
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rande Is who wrote (53832)8/4/2001 11:42:37 PM
From: Mike M  Read Replies (2) of 57584
 
In fact, right here on SI there were a number of short-sellers who were on excessive margin and not only lost everything, but had to sell their houses to pay back margin calls.

That one is kind of hard to imagine. Brokerage houses are pretty adept at protecting their own tails and selling someone out while there is still a nickel or two of equity. I suspect there would have to be additional debt such as credit card funding of the margin position, in the first place, to cause this kind of devastation.

Alas, greed and fear in the biggest gambling casino in the world. Lots of sad stories out there.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News