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Cosi Inc. Message Board

smwill77 2 posts  |  Last Activity: Jun 19, 2014 12:19 PM Member since: Sep 4, 2009
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    Anyone else buy more shares on margin?

    by smwill77 Jun 19, 2014 11:54 AM
    smwill77 smwill77 Jun 19, 2014 12:19 PM Flag

    I have the majority of my shares in sharebuilder which is marginable. And I agree... wasn't thinking of doubling down or anything, but something around 20% or so so the anticipated volatility between now and the future announcements don't result in a margin call or worse, losing my house. I'm thinking of increaseing my position another 20% or so then selling those shares after the new year for tax purposes... using the profit (hopefully) on that sale for future ideas and keeping a larger core position in place to hopefully grow from future earnings.

  • Question: does anyone else out there beleive in this company so much they've bought additional shares on margin? My personal account is fully loaded from cash purchases, but am thinking of buying more on margin before next month's PFUDA date and expected partner announcement. Thoughts?

    Sentiment: Strong Buy

COSI
1.45+0.04(+2.84%)Jul 31 4:00 PMEDT

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