ROC 0.00% 10.5¢ rocketboots limited

looks cheap at 61 , page-14

  1. 2,172 Posts.
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    Thanks BridgeBarron,

    I hope to eventually recover also. However I will not be using any margin loans again. I thought I was only modestly borrowed against the value of the shares I held. However, when many of them drop 80 to 90% in value (ADY, INL, ROC, BTA, BSM) what was a modest borrowing eventually becomes fully borrowed. It seems to me sometimes that the relentless selling down in these stocks has an agenda, to force people with stops and/or margin loans to sell at the low share price. Anyway that is what it feels like to me.

    My biggest regret is that I didn't trade the spread. Even today, if I had of sold for $0.63 or $0.64 this morning, I could have rebought in at around $0.57 this afternoon in stead of been forced to sell at that price.

    Regards

    SP
 
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