So for my situation in Canada the heat gets turned up when the stock goes below 5 bucks. Above 5 the brokerage loans me on margin 70% of value. If stock goes below 5 bucks they loan me50% So now I have a pretty big margin call as stock is about 4.70 usd
If stock ever went below 3 bucks then I have no margin avaiiable..
Shorts like to make margin calls for retail and even more so at christmas time.
Anyway its a good thing that stock is not marginable in aus
Good luck friends
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
29 | 306399 | $1.02 |
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Price($) | Vol. | No. |
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29 | 305147 | 1.020 |
20 | 91053 | 1.015 |
23 | 241870 | 1.010 |
17 | 267507 | 1.005 |
41 | 1054192 | 1.000 |
Price($) | Vol. | No. |
---|---|---|
1.025 | 147379 | 18 |
1.030 | 100747 | 18 |
1.035 | 133461 | 17 |
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1.045 | 71826 | 9 |
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