Everything is Gone! Please Only Serious Responses!
My account, that is. Nightmare scenario unfolded. Huge margin calls due to my prior large sale of puts that I had to buy to close for a huge amount and had to sell ALL of my OGXI shares at a 70% loss to cover those options. Total wipeout (above 500K). Totally ruined. Have a few 1000 bucks left in the account. it has not been fun today. I will never speculate heavily on one biotech stock ever again. I haven not told my wife yet, I don't know if I can face her. What should I do know? Please Only Serious Responses.
if this is no joke then learn! before u speculate build a VAKUE portfolio WHEN markets are down hence not now!!! save and wait for a crash which always comes then buy quality stocks like Unilver Pfizer, Jnj etc divi growth stocks, 5% speculate of your assets.
I would tell the truth'. Tell her you accept you did wrong thing and ask for forgiveness and make her believe you will never do such wrong thing. Together you should figure out how to pay off. Never borrow money for any stock. It just not right. If your wife is your true friend she will understand and hopefully help you go through this. I am sure alot of people lost their savings, including myself. But at least I lost my money, and not . I truly am sorry you are in this situation. For what its worth its not the end of the world. You fell down, straighten up and move on and dont let lose of money get your health. It is not worth it! I myself lost $25K. but I just bought back for cheaper than I sold and hopefully it will back up. From what I read this was wronful panic. I wish you well.
This DuFIsCUPP is simply an "ATTENTION TROLL" on 50% bio plungers and constantly pastes this NON=sense on many boards,,,,,Look at CYTK on Friday the 25th, and PRAN on March 31st if you do NOT believe me.....Stop falling for his BS.......