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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (24572)1/25/2002 10:44:41 AM
From: Steve Lee  Read Replies (2) | Respond to of 99280
 
Hard to believe that people with net worths of tens of millions risk it by going on margin. If they are running their personal finances with that level of risk management, how solid are their business finances? I could understand margin backed up by cash net worth, but when the value of stock is all that stands between them and personal bankruptcy you would think they would be a little more careful.



To: Softechie who wrote (24572)1/25/2002 10:44:52 AM
From: Zeev Hed  Read Replies (1) | Respond to of 99280
 
This IMCL looks like a real doozy, but it still owes me $2.5, so I will go after it "again", just got in here at $16.78. Also got MU at $31.40. Getting perilously close to only 20% cash here, meaning I think we are going to bounce from here.

Zeev



To: Softechie who wrote (24572)1/25/2002 10:46:37 AM
From: Dave Gore  Read Replies (1) | Respond to of 99280
 
Amazing...IMCL is a debacle. I hope some people went short on it a few weeks ago.