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Old 04-16-2008, 03:55 PM
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Nismo G Nismo G is offline
Bradenton, Fl
 
Join Date: Aug 2006
Location: Bradenton, Florida
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Quote:
Originally Posted by (>")> G35
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.
What was the interest rate they charged you for borrowing the money? How much did your borrow?

-Sean
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