RE:RE:Cash deposit or selling stocks to meet margin?PileOfShit wrote: "Mr. Buffet [Buffett]..." A buffet is a self-serve eatery. When you write "Warren Buffett," think of Jimmy Buffett of Margaritaville fame, who is also not named after the self-serve eatery.
If you average down on margin, the price will go much, much lower. There is a feedback loop of lower price, stop-loss orders, and closing of margin that can deal a tremendous loss in a short time. In my experience, the time to sell is when I want to average down.
While I am almsot even on SU but margin is getting close. I decided to sell all of SU. I still made good money but not what I expected. GLTA.