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Margin call/maintenance question

Personal Finance & Money Asked by Queryasitis on February 17, 2021

I am now facing a margin call, and I have a question,

  • Bought a stock at $x on %50 margin maintenance
  • After Jan 28, the stock dropped, and my margin maintenance increased to 100%
  • It says I need to deposit about 50k to resolve the account deficit
  • I want to HOLD this stock long term now and no

One Answer

Seems like an unfinished question...

A margin call is a margin call. You either meet it or your broker will do whatever is necessary to bring your account into compliance.

FWIW, 3 margin liquidation violations in a rolling 12-month period will lead to a restricted account.

Answered by Bob Baerker on February 17, 2021

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