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Good. However you do realize that you're paying interest on those marings, right? If the stock you hold does not compensate for this interest plus your risk, AND bring you your expected gain from HERE on you might be better off cashing what you've made so far (as I did on few other stocks).
The market might now take a "wait and see" attitude, as the new warnings are being issued that it's not over yet (while US market's bounce back can be justified, those who followed in SEA still remain with their previous problems, analysts prefer that they'd not bounced back -- they will drop again, perhaps not as fast). While we will not have the sell pressures as we did, there might not be enough buyers to push the price hikes as we had yesterday.
These are just my opinons. In general I don't stay on margin unless the potential for gain is very high. I like to keep some cash just in case I need to buy protection, to average out or the next greate opportunity that jumps at me.
I'll look into that stock when I get a chance, right now I'm too busy with other stuff... |
