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Strategies & Market Trends : Americans 4 "No Own - No Sell" -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (336)	10/4/2001 12:29:17 PM
From: ahhaha	Read Replies (2) \| Respond to of 455

Wrong. Wrong about what? You refuse to see the issues. What issues? Whereas Margin Selling is borrowing SOMEONE ESLE'S Property as THEIR collateral base. This statement is false. You have to post margin whether you buy or sell in a margin account. You say, "Margin Buying is done with someone's OWN money & property to buy a stake and thus be a property OWNER", but this claim is misleading since you have to borrow half your stake from someone else. That's the same as borrowing shares except borrowing shares has more limitations. Your ax to grind apparently is against borrowing, but you say that's ok, which is an explicit contradiction. The real OWNER GETS NOTHING ... NOT EVEN THE RIGHT OF REFUSAL. When you buy on margin and the stock falls, who is the real owner? The majority owner is the bank or broker from whom you've borrowed, so whereas you have control, you can't argue that you have ownership. Indeed, if the position falls enough you loose control too. Your only recourse then is to launch a lawsuit against the lender for having lent to an incompetent person. See OCCF. Also most broker I have talked to today say typically you have either a margin or a cash and ALL stock are put in the account. This sentence is grammatically incoherent, but if a coherence was forced upon it, then it's false. BUT if you buying on MARGIN then someone can instantly short you out. This statement is also incoherent. If I was a broker and you said this to me, I'd close your account. Thus the investor is nailed because another element just sold what they borrowed money to pay for. You are not qualified to have a margin account. Your broker has not done due diligence with you or you have deceived them. That makes you, your broker, or both, culpable.