margin call if you have not planned your purchases. Always leave room to top up your margin ie allow a buffer. If you have borrowed to the hilt then i am sorry you have to sell a good stock. I like to think one has in their portfolio stocks which are 100 % owned. Then you can sell some of these to keep your MMX. MMX is too valuable a stock to be forced to sell because of margin call. If you can keep them then do so the market will bounce back. The resources are not the problem but low doc home loans in the US . They represent 15 % of all loans.
ALso people talk about MMX 50 % owned. What does that matter. The SP growth is 100% owned by you if you are a holder. You can sell that at any time . Not to mention the transport business OPI which will generate its own income once tis up and running. Hold on tight tomorrow and keep your nerves and good luck . I hold MMX MPO MRX TMR
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