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TopicStock Topic 8
StartTheMachine
07/23/20 11:15:34 AM
#397:


StartTheMachine posted...
I'm pretty sure as long as I'm selling ahead of where I bought those additional shares I'd immediately be granted the margin back to add. (At least, I really hope this is the case, because I'm still down in this stock overall, but I think if your sell share count matches your buy share count, it will grant you the margin back immediately since for those specific shares it's a winning trade.)

Happy to report this is exactly the case. As long as your buy and sell orders match share amount, it doesn't matter where your gain/loss is in a stock overall. Stop limit hit this morning on 1,000 shares, which still made me profit, and gave me a bunch of margin to spend again.

So naturally I'm trying to buy AVCT warrants! They CAN be sold just like common stock. But my broker is having some serious trouble filling the order. So far only 200 filled. Hmmm, I guess they're just not available... fair enough. The amount of money that can be made off these warrants is insane. Seems there's way more potential gains in buying and selling the warrants themselves and not exercising them, even if exercising them became extremely profitable.

E: Actually, even when the stock was trading over $10 pre-Covid the warrants remained well under a dollar. So never mind. Would still take the guaranteed profits if the warrants double in price and hit their peak again, but potentially more upside holding them super long term.

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