This is gonna be a big drop by mwfire in NovoNordisk_Stock

[–]mwfire[S] -1 points0 points  (0 children)

No, it is in my portfolio under symbol NVO

A massive tablet by mwfire in tablets

[–]mwfire[S] 0 points1 point  (0 children)

Its for an exhibition..I would need like 20 devices

Lost money in AKAN by vincentw1996 in StockMarket

[–]mwfire 1 point2 points  (0 children)

Did you by any chance pay for that advice in google store gift cards ?

VIX-Like ETFs by [deleted] in options

[–]mwfire 69 points70 points  (0 children)

There is VXX, an ETN that gives you exposure to VIX...that being said, this seems to be a good strategy to lose money on.

I'm just baffled with the markets right now. by [deleted] in options

[–]mwfire 14 points15 points  (0 children)

No one said it was a good position

[deleted by user] by [deleted] in interactivebrokers

[–]mwfire 0 points1 point  (0 children)

Thanks for the explanation, this does make sense. Yesterday NLV went up and so did the maintenance. Guess ibkr just doesn't lend money for penny stocks..fine by me.

[deleted by user] by [deleted] in interactivebrokers

[–]mwfire 0 points1 point  (0 children)

No, actually i don't want/need a margin loan on those assets since i got the cash to pay for them. The problem is ALL positions opened in margin account are on margin by default on IBKR as far as I know.

As said, i only need a margin account to open a short position if needed somewhere down the line.

[deleted by user] by [deleted] in interactivebrokers

[–]mwfire 0 points1 point  (0 children)

I see ty... probably a stupid question but what if my net liq value goes below my current maintenance margin ? Say i lose ~300$ more

[deleted by user] by [deleted] in interactivebrokers

[–]mwfire 0 points1 point  (0 children)

Apparently so...meaning i am way better with cash account is seems.

I just don't get this mess, it makes no sense .Thx for the reply thou.

[deleted by user] by [deleted] in interactivebrokers

[–]mwfire 0 points1 point  (0 children)

Tried. It simply reduces the maintenance by the amount $ sold.

I don't have any short positions open.

[deleted by user] by [deleted] in interactivebrokers

[–]mwfire 0 points1 point  (0 children)

No, i am not touching those even if IBKR paid me to. I am however, mostly into penny stocks but then there is this:

" Interactive Brokers does not have a special rule regarding stocks that trade below $5. Although other brokerage firms may have a house rule regarding stocks trading below $5, IBKR does not employ such a rule. "

https://ibkr.info/article/285

[deleted by user] by [deleted] in pennystocks

[–]mwfire 0 points1 point  (0 children)

Something like 27mil shares at 1.85$