Margin buyers........I think many have come back into this scheme over the last few months- as things appear to have become more stable.
With the Dow again on the skids.............look for some stocks to drop 3-10% as Margineers gets squeezed.
What about all the NZOers on Margin loans......could get ugly?
Hawke.
“For me life is continuously being hungry. The meaning of life is not simply to exist, to survive, but to move ahead, to go up, to achieve, to Win.”
Margin buyers........I think many have come back into this scheme over the last few months- as things appear to have become more stable.
With the Dow again on the skids.............look for some stocks to drop 3-10% as Margineers gets squeezed.
What about all the NZOers on Margin loans......could get ugly?
Hawke.
Im holding VIR (Alternative Energy) on margin lending, however it is very stable & generates large cashflows & pays out a distribution of 10cps.
To drop further than say 70c, only increases the yield beyond 14%.
Independance day was a breaker this/last week. Watching with interest, next. Maybe a few good buys will flow through into the NZ and AUS markets - bit of spare cash is handy to have ATM.
OMG what a day. The carnage was amazing - look at the LEH volume 260% of normal daily volume. At this rate the LEH mid-year bonus will see staff own all of LEH. **** next staff salary will be simply be in stock bought daily from salary budget.
As for FNM and FRE they are dust - FRE down 22% today alone. THEY ARE BOTH INSOLVENT/BANKRUPT AS THEIR LIABILITIES EXCEED ASSETS(CAPITAL).
If the US government steps in to guarantee them the US WILL BE DOWNGRADED. T-BONDS will be dumped in mass. US i-rates will head up.
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