Margin calls will be starting to kick in after lunch. This will have huge flow on effect through investors having to sell other stocks to sort out their margin accounts. Back offices in margin lending accounts will be behind so it is going to take several days before all margin calls have been sorted out. Some back offices will easily get 3 days behind if there is continued downside on Wall Street.
Regards
Buffett
...chances of a afternoon bloodbath....., page-9
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Last
$62.69 |
Change
-0.990(1.55%) |
Mkt cap ! $12.15B | |||
| Open | High | Low | Value | Volume |
| $63.32 | $63.49 | $62.39 | $33.80M | 538.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1702 | $62.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $62.72 | 22 | 1 |
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| ASX (ASX) Chart |