Elite Pharmaceuticals Inc (ELTP): How da fuq do you think I qualified for...

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Elite Pharmaceuticals Inc (ELTP)

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Re: DSherman post# 395070

Monday, 02/05/2024 2:24:25 PM

Monday, February 05, 2024 2:24:25 PM

How da fuq do you think I qualified for the loans in the first place?

I had to certify my assets with the finance company in order to qualify for the personal loans.

THEREFORE, the personal loans are the EQUIVALENT of a margin loan.

BTW, personal loans ARE NOT like margin accounts. You need to have the cash or securities in your trading account to back up the margin trades if called.

BLUE LIVES MATTER.

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