Sure we heard all about how E-trade use to do this allot forgive the pun. But one problem that let to E-Trade Canada's demise was its 7.01 to 1 margin rating.... excuse me correction..... 7 to 1 margin.
One thing this can do is lead to huge market corrections and inevitable insolventcy if things go south fast.
People need to understand that with enormous leveraged equities that someone somewhere has to cover. This can make a bad position bad for the entire brokerage leading to e-Trades downfall ... IMHO....
I think this feirce buying from Desjardan is going to improve many outlooks.
I love seeing this kind of upgrade in turbulant times but remember cash is king.
Stay out of trouble by extending losses or gains by the use of such wicket instruments.
--- The previous information was not representive of any professional advice or in any way should effect your own prospectus or financial decisions. Remember I am in no way professional and my advice can not be used in any way to effect your trades or positions.