Post by
SNAKEYBOY on Jan 12, 2023 10:05am
ON ROOT TO $23!
MARKET IS ANTICIPATING SOME PHENOMENAL RESULTS!
Comment by
RelevantInfo69 on Jan 12, 2023 2:26pm
Closed out my position at $22.75. This is gonna pull back for sure. Make sure to take some profit here Snakey as you do nothing but complain when it dips.
Comment by
SNAKEYBOY on Jan 12, 2023 4:08pm
Already tossed a few around $22.00 even...just cause I'm borrowing at 5.4%. If not I wouldnt have sold anything. I think Q4 financials for REITS will continue to boost them a big higher, might even hit $24!
Comment by
hroark7 on Jan 12, 2023 6:39pm
So you've got just under $300k in margin.
Comment by
SNAKEYBOY on Jan 12, 2023 10:28pm
I got a ton of margin! As long as I'm very very far away from a margin call its all good. MARGIN MARGIN MARGIN!
Comment by
hroark7 on Jan 12, 2023 11:43pm
Believe it or not, there are a bunch of schmucks on 3.33x margin owning REITs like FCR.UN and REI.UN.
Comment by
hroark7 on Jan 13, 2023 5:35pm
It means they use 230% margin, which is the maximum amount you can use on Interactive Brokers. Highly risky.