View Single Post
  #1  
Old 04-15-2008, 03:39 PM
(>")> G35 (>")> G35 is offline
Registered User
 
Join Date: Feb 2006
Location: 626
Posts: 1,073
iTrader: (0)
Buying stocks with margin?

I bought RIMM on the margin a week ago, it was my first time buying stocks on the margin and only purchase to date. I sold it today at a lost of $200, but my margin debt is $900. Why is that? I have other stocks, but those were paid with cash. I also got a margin call, but it was cleared when I sold off RIMM.
Reply With Quote