"Please realise that both companies are already highly leveraged so adding leverage of your own to this could result in substantial loss."
My principle regardind margin borrowing is and always has been "neither a borrower nor a lender be". I has stood by me and I have never seen a good reason to change.
I have sometimes been envious when I see some profiting by margin borrowing but in the end I have watched those with the big loans to match the big egos come unstuck. The market has its ups and downs and this current one is no exception as it goes up it is easy to borrow. That easyness is matched by the severity of margin calls if the market reverses.
I still say "slow and steady wins the race".
As the quote in the last post said and repeated above, these companies are highly leveraged themselves so adding more personal leverage could be highly dangerous.
CER Price at posting:
19.0¢ Sentiment: LT Buy Disclosure: Held
