Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?

To: SlateColt who wrote (5700)	2/26/1999 12:01:00 AM
From: GerryMiles	Read Replies (1) \| Respond to of 11417

What if Fred uses his brain and borrows 1-2k shares? Fred still gambles, but it is controlled. Fred knows that he would have time to correct his position in case of a pullback. Fred also knows from experience that WAVX's float is broken and that upward explosive movement is starting to look compelling. Tis crazy to borrow half of your equity on any play. Your theory makes little sense. If you go margin stock B using equity from stock A, and A falters and B stays neutral or falls, you get that same call. If your gut says upward movement, margining WITHIN YOUR MEANS is fine. There is always risk in margining, but if you have the instinct and the guts, it can always be a sweet play:)