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Re: bblack post# 234149

Thursday, 01/20/2011 10:11:56 PM

Thursday, January 20, 2011 10:11:56 PM

Post# of 363158
Exactly, the margin interest is only on any margin you actually used, for example, in the initial $2mil purchase. (Although some brokers apparently do charge margin interest on borrowed shares derived to your account.) Any lending fee would of course be variable dependent on the broker and your credit and account size.

The best lack all conviction
while the worst are filled with passionate intensity.

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