RE:RE:RE:RE:Do we really trust the oil price?d_trump wrote: Unlucky13 wrote: I am $75000 in debt but have access to cash via credit cards. I can't load up like I used to but I can buy another 10000 shares. I have a half position but with my other half which is cash I can buy Baytex for traders or buy HOD or HND which I sometimes do to hedge.
So you could take a cash advance
@24% interest to buy a
highly leveraged energy play
on margin.....scary. I hope you have a well paying job.....
Unlucky, my advise to you would be to go to the bank and apply for another credit card, try to get a 50,000 limit, then max it out and put the money in your trading account and use your other credit card also to max out and take the combined money and buy as much BTE as you can. Credit cards are an excellent place to get money from to use for stock trading. Its what all the professionals do, and analysts etc... they just dont tell you this but its true, thats how everyone buys stocks in the world. Its normal practice, ...honest.