margin calls this week if it goes sub 4
>>margin calls this week if it goes sub 4What does $4 have to do with margin calls? Anyone who buys on margin deserves to lose their shirt.The problem is not margin calls or $4 level. The question is why should anyone buy period? What hope has management given us to add more to our position? Why should fresh money buy? Even cash under the mattress with ZERO interest has outperformed this stock. Do you see any insider buying at this level? And why isn't the company buying aggressively at these levels?
They are buying IMO - 25% limit on daily avg volume - hard to be too aggressive with SEC rulesBought - Long 50k shares Stock is being accumulated