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Bullboard - Stock Discussion Forum First Majestic Silver Corp T.AG

Alternate Symbol(s):  AG

First Majestic Silver Corp. is a mining company. It is focused on silver and gold production in Mexico and the United States. It owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine, and a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, United States. It... see more

TSX:AG - Post Discussion

First Majestic Silver Corp > Schwab making Silver Mining share unmarginable
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Post by Crashcomingsoon on Feb 02, 2021 1:22pm

Schwab making Silver Mining share unmarginable

I have an account with Schwab and I got a notice this morning that my silver stocks are unmarginable effective yesterday. I have used stocks like FR for margin for years and now Schwab says they are not marginable "due to the volatility". I can meet the margin call, but the net effect of making these stocks unmarginable will be to drive the shares lower. Talk about a manipulated market !!!
Comment by Cobalt on Feb 02, 2021 1:34pm
Cant really blame them it is there money to lend out , Hell na i would do the same
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