NorthWest Biotherapeutics Inc (NWBO)

[biosectinvestor]

Fantastic it did, no doubt about it ILT.

Different institutions use slightly different rules in terms of what you can do with margin loans. Merrill Lynches CMA account structure was patented and was a very useful tool for investing and managing one’s cash flow efficiently. Some brokers will only allow you to buy shares, and then maybe only marginable shares or they simply don’t allow penny stocks.

It seems to vary as to what you may be allowed to do with the margin loan. I have not used margin in many years. But the old CMA accounts, you could use margin to do anything you wanted, your credit card and checks automatically drew on margin of your cash were temporarily low. And if you had direct deposit, your debt was automatically paid down. That structure was the object of their patent, as it was very efficient for clients then to fully invest and not worry entirely about cash flow.

It was very innovative when it was created.