Liquidmetal Technologies Inc (LQMT)

[Init2]

I hope Prof. Li is keeping up with this (if it is true) .. came from a discussion board yesterday .. $219.00 was mentioned as a suspected Margin Call target..poster did not know positively.

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"And if there is a margin call that results in collateral stock being sold, that is realizing capital gains and Elon Musk must then pay taxes on those capital gains. California's Tax rate is 13.3% and U.S. is 20%, so I am thinking 33.3% total (I might be wrong due to long term capital gains taxes being different).
So, for every $1m that the bank collect in margin, Elon Musk must sell more shares to pay for taxes at some point, and then more shares to pay the taxes on those capital gains. It comes out that Elon Musk will have to sell $500k for every $1m that the banks sell.
So, the shares he is using as collateral is 36% of Elon Musk's shares, but another 18% (or more) had better be kept for the tax bill. So, at least 54% of Elon Musks shares are committed to loans.
I doubt the tax people appreciate him living a life on borrowed money without realizing income and may not be too sympathetic if he doesn't have the money to pay his taxes."