XL Capital Ltd (fka XL) (XL)

[711tc]

I'm careful about what I buy using margin dollars. I was pretty confident when I bought XL @2.63 with margin funds that it was way underpriced. The main reason that I opened a margin account was because I started flipping and I didn't want a hold on the funds until after the transactions settled. I was naive about it before I opened it and thought it would be a complicated process, but it was all online and took about 3 minutes to fill out the form and less than a day to be up and running. You don't have to use the funds that they make available to you.