InterDigital Inc (IDCC)

[The Count]

TFWG - TERRIBLE advice

I strongly recommend margin as a simple way to leverage your investment. All you need to to is manage it. It's less expensive and not as nutty as day trading

While you've been successful and have managed it well, there are very few people who can do that. To make a blanket recommendation as you did is reckless. You make it sound simple and easy. It is foolish to take advice at face value from an anonymous poster without doing some research to validate the information yourself, but many people do it. People unsophisticated enough to take internet advice like that will likely not be savvy enough to manage margin. Hell, I consider myself very savvy financially and it's a game I play in only limited situations. If someone were to follow your advice and get squeezed out it would be their fault. How would you feel if that happened? You could obviously point out mistakes they made in using too much margin however they're still busted.

Sorry to dump on you - I enjoy your posts. I just felt you were assuming too much about your audience. I'm a CPA, so I am naturally conservative and cautious. Merry Christmas to you.

Frank