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anyone herd of this (elevator)
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Steve in SD
Posted 9/1/2007 22:02 (#196834 - in reply to #195927)
Subject: Re: anyone herd of this (elevator)



Northville, SD
South Fork---
that's called margin money, and it sounds like some lender told them YOU WILL START REQUIRING MARGINS. Guys,,, expect this over the whole country. I am surprised it took this long. I have a friend works with the bank of coops and you can't believe how they scramble to find money when the market goes up as their elevator borrowers have "your " margin calls to make. You will either have margin calls to the elevator or basis will deteriate to allow the elevators to make margin calls. IT IS HERE.
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