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Strategies & Market Trends : Classic TA Workplace

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To: GraceZ who wrote (40362)5/28/2002 7:14:09 AM
From: re3  Read Replies (2) of 209892
 
a guy i know inherits 1000 shares of TRP. he takes out a line of credit to buy 3000 NT shares at 6 (us dollars)...he then tells me he is thinking of selling the TRP (pays 4 % divvie) to pay off the line of credit because NT 'will come back'...

what if NT goes off the board ? the entire inheritance is down the tubes...
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