Short of cash...., page-15

  1. 2,249 Posts.
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    No one lends against OBJ at all, I concur to that. Even a blue chip really requires you to have 50%. As you know, most marginal loans are set up with a 40-50% leverage and dependent on your risk profile one borrows coins.... However, if your short of cash and have some equity, you can certainly borrow coins to throw at OBJ within a marginal loan like I have, it just takes the leverage out.. It is a very simple way to gain exposure if your short of cash but have equity.... It's also a great way to get marginal calls quickly as I experienced in GFC.... So I know the risks and rewards.... However being in OBJ for over 4yrs , this is a reward stock
 
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