Margin impact both side. More on short side than long as most margin player always double down on profit. Only good thing for short is they force to take profit, likely do that than add more money. Long require to take loss. Likely invest more money like me ( I don't have share but nake short on 18 put for oct 20 which i think will expire out of money regardless and make profit.)
Sentiment: Strong Buy
your margin call changed most likely ameritrade lowered their value of qcor which triggers your call to settle the account your original margin borrow based on 40% equity of a $25-30 / share value.since qcor is $18 you now only qualify for potentially 30% equity of $18 /share . most margin accounts have clause which allows ur broker to potentially sell your shares at their discretion
Sounds like TD Ameritrade or its top brass or friends of top brass shorted QCOR and need to cover since selling dried up. Most likely scenario. Otherwise why would they raise the requirement. Typical margin is 2 to 1.
Sam gioes for this gov't probe. All indication is some big wall street firm shorted hell out QCOR on last Thurs-Friday and foudn that it was going to go up on Monday so they call their friends at gov't to start investigation.
It all seemed rigged doesn't it?
1. 50% stcoks are fraud
2. 25% never makes money
3. 10% is cyclic (sP500)
4. 15% is crap shot
Always to look to short PPS hitting new low in first week with 3 or 4 to 1 margin. Hard to raise PPS 50% or 100% when PPS hitting new low due to porr Earnings or scandal.. Institutional manager sells on any whiff or scandal. Selling is 1-4 weeks or 3 months until next earnings.
GLTA in stock casino
I just sold... I had no choice..I've been sitting on a margin call since Monday... this was a financial disater for me and I have NO CLUE how to make it up at this point but tomorrow will be a bloodbath with TD changing the margin requirements and I'm sure most got the same call notice as me on Monday.
Sentiment: Strong Sell
thats gonna be my fate thursday,change in req gonna lose an account iam gonna get out ill sell my fusion io and take whats left i do love the mkt,but wont have the bullets to build back up.
yea i lost 27,000 mkonday and my other stock fusion io ive been selling to hold qcor iam now out of options,unless tomorrow theres some buyback or initiate a divedend iam pissin at the moon?