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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: stock bull who wrote (126780)5/19/1999 12:03:00 PM
From: Augustus Gloop  Read Replies (3) | Respond to of 176387
 
No I'm not! LOL....I'm my broker. I'll be fine....until my wife gets a look at the check I have to write. I guess I take the who cares I'll check it in a year attitude at this point. Since I've been down this road before allow me to suggest to others the appropriate way of dealing with a margin call.

If you get a call for say 3,000.00 that brings your equity point to 30% send them 10k, 15k or whatever. If you only send 3,000.00 you will likely get calls daily as your portfolio dips on volatility. There is another bit of logic that I wont go into because I don't subscribe to the thought process. When going on Margin remember to ALWAYS BUY THE COMPANY NOT THE STOCK! LEARN IT, KNOW IT AND LIVE IT!

Regards

NasDORK