commsec 40 lvr against mad, page-4

My provider has a 90% LVR on MAD. i.e. $10K can buy $100K worth of stock.

As much as I love MAD medium to long term, it's a very risky play to leverage up like that unless you are a skilled trader with incredibly tight stops.

The better play for me is to buy as much as I can and hold.

Those that bought at $1.20 / $1.30 on margin would have had a tough time when she went to 85 cents.

One thing is for sure, there will be wild days ahead for Maverick - hopefully most of them will be green.