Australian (ASX) Stock Market Forum

Margin Loans, getting a call

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19 May 2006
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Would have thought there's more than a few people getting margin loan calls and having to sell stock at a steep discount, adding fuel to the fire.

12 to 18 months ago these guys were doing brisk business, would have thought its all but dried up.

I thought my long term portfolio was safe as Ive always kept my LVR low but each day my LVR is going up, broker said to me once, "if you get a margin call, then were all f@cked"

At the current rate of decline and even after selling out of financial stocks a while ago that day is fast approaching :eek:
 
Price of leverage ... it works both way you make money on the way up and you lose a whole lot more on the way down.

Lucky for me no leverage so I just sit back and snapped up quality stocks I always wanted to buy but not at the right price :D

TAH is getting close to my $7 target price
 
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