That is ABSOKUTELY CORRECT! The “place a high li
Post# of 153903
(Total Views: 682)
Posted On: 02/02/2021 4:52:14 AM
That is ABSOKUTELY CORRECT! The “place a high limit order” does nothing!
Quote:
I was told that cash and retirement accounts, they can borrow ONLY with YOUR permission, but in a margin account they can borrow your shares if you have a margin balance. He pointed me to the hypothecation (term he used) agreement on the margin account. Frankly, it appeared he was disappointed when he checked that my account, although a margin account holding a lot of CYDY, had no margin balance.
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