just got put onto something on another thread.
apparently margin calls have increased ever more so over the past month. this is affecting most stocks where investors have borrowed to make purchases.
heres an article i found that gives further details
http://business.theage.com.au/margin-calls-by-lenders-hit-record/20080122-1nhn.html
starting to become clear as mud. this would also link back to that thread some weeks back where sellers we shorting AXM ie. selling stocks they didnt yet own.
basically comes down to that old principle of people trying to live/invest beyond their means. unfortunatley it seems its the rest of us that suffer for it :(
regards
Davo
just got put onto something on another thread.apparently margin...
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