RE:RE:RE:BBD.B Margin buying has always been quite dangerous but never more like this day and age as the rules are set totally slanted in favor of the institutions including and short traders and hedge funds.
The self serving analysts are part and parcel of this system.
I have just today opened up an account with wealth simple and plan to do my trading business there at 0 commision. I understand their platform has been greatly improved,
I also see that Nartional bank is also offering 0 commision trading..
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bicente wrote:
clubhouse19 wrote: Shorters use longs that buy on margin as pure fodder.
That's like borrowing money to gamble at the casino especially if you are playing long odds.
BBD is not that kind of investment to buy on margin as the shorts eat them alive.
bbdmic wrote: I am pessimistic on SP in facts I am so pessimistic that I played the stock during the last 9 months till I was able to sell all my shares that I bought on my margin making close to nothing. and I don't have any margin at all now. All the shares that I have now are mine. I will sell all at 60-65$ and forget about this share. BBD team is doing a terrific job but I will sell! GLATL,
buying on margin has becvome very dangerous in this new market , most of them get their azzes handed to them in ther long run ... evaluating companies ( doing DD) is very tricky and many companies are over-evaluated but yet the share price keeps climbing due to immense speculation , more than ever... my famous line " i trust me " is applicable more than ever ... some share price get beat down for no apparent reason , they blow out stop losses then scoop up cheaper shares repeatedly ... it's a zoo out there ... GLTA