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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (5704)2/22/2002 1:11:12 PM
From: Raymond Duray  Read Replies (1) | Respond to of 33421
 
Hi John,

Ebbers ability to control his board really galls me. He should have been made to take his losses and told to get back to running a telecom company instead of extending a losing hand. He's deeply in need of "Gambler's Anonymous".

-R.



To: John Pitera who wrote (5704)2/23/2002 12:55:12 AM
From: t4texas  Respond to of 33421
 
yes, one should never meet a margin call. the mistake has been made, and it is almost always throwing good money after bad. the margin call should be a fail safe technical indicator to sell now.

by the way as i understood it the bass brothers' dis stock dump was to meet a margin call on something else, e.g., some telecom thing in europe. did i get this wrong?


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