MARGIN - Do's and Don'ts Message Board

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Strategies & Market Trends : MARGIN - Do's and Don'ts

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To: Wayne Beidatsch who wrote (15)	11/9/1998 7:45:00 AM
From: Dale Baker	Read Replies (1) of 35

You should ask your lawyer for detailed advice. From what I know, owning stocks on margin means only that he may have borrowed the money to buy the stocks. Selling the stocks covers the margin loan and you keep whatever the stocks are worth minus what was paid back. Most brokerages buy stocks on margin automatically. If the account has a cash balance in addition to these two stocks, you will probably get the full value of what the stocks are worth. The only penalty is that you will pay margin interest until the stocks are sold. Like I said, have your lawyer look into it.

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