RE:RE:Bought more on margin at $2.40If you are not going to be respectful I am not going to interact you. You clearly don't know how margin works. Go back to school and come back when you have. On Quest-trade margin kicks in on stocks over $2. As the stock goes up in value you are granted margin. I increased my position by 15 percent by bought at $2.40, should have bought more at $2. I didn't have to put up a cent. Google how it works. If the stock goes back to about $2.35 I will have a margin call and end up with less shares than I started. I am rolling the dice. This vicious cycle cost me $500000, I have made $250000 back. I lowered my average cost but still need about $5 to break even and cover carrying costs. I have nothing in the bank and am living on borrowed debt. I am doing better investing than gambling, just lost $500 on last night's hockey game. I bet Vegas.
For everyone's benefit let's hope BTE keeps going but I am doubtful because OPEC might throw the kitchen sink at the oil price.