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Hey, Doc? You said that you had all of your available money in GUMM. You said that you had even taken loans on credit cards so that you could invest more money in GUMM. Now you are changing your tune and saying that you have money in other investments.
Please note: I don't care what you invest in or how you allocate your funds. Putting all your eggs in one basket is a debatable strategy. But if you are going to come on the list and, in an effort to influence others to buy your stock, say that *all* your money is in a particular issue, and that you have even borrowed money to fund additional purchases, then that is where *all* your money should be. You must tell the truth.
OM
---- you wrote:
> The basics:
> There is trading margin for the day
> and margin to hold stocks overnight.
> Check your particular clearing firm for their declarations on the two
> margins
> and the nuances of if they operate under New York or Nasdaq regulations.
> Investments can be both in cash and on margin. My clearing firm gives
> margin to trade with on an intra-day basis but puts a limit on overnight
> holding
> margin. If you are completely margined in investments, my firm gives
> trading power
> for the day. This may vary between different clearing firms. Check your
> own and become
> familiar with their set-up. Don't accuse me of being dishonest just because
> my clearing firm may be different than yours. I hope this is educational.
> This is straight forward.
> You're public attack is non professional and is full of twisting out of lack
> of knowledge.
>
>
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