Oh Jorge, and everyone who wrote me:
I appreciate every one of you.
Believe me I am not worried about Dell, not long term, not at all. I am only worried about my margin, nothing else. I think I am margined between 30% and 50%. Does anyone think I am in any danger?
That would be my only reason for selling and I would buy it back as soon as possible. My main problem is the shares I just bought at 121 1/16, I hope they will carry the others, which are in good shape,
I will hedge with options, as Bachman and Drew suggest, but I still havent gotten clearance from Fidelity.
Maybe they think I am too inexperienced!!!!
Freeus
I dont know how the margin % is figured but what I mean is, for every dollar of stock I have, I have 30c of "borrowed" stock, mostly Dell, a very small amount of cisco and msft. At least thats how it was Thursday night at closing price. |
