QUOTE(ZeroSOFInfinity @ Sep 15 2020, 01:11 PM)
Cousin call me just after end of morning session. Ask whether can lend 15k since he can only transfer 15k to his trading account today. When inform can do after lunchtime, he told me cannot and needs it by 2pm.
Now I have seen him monitoring both TG and Supemax shares last week on his computer. So I am pretty sure he would have bought some during the fall. And he has a personal banker which helps him manage his money.
So why the urgency to borrow money? There are only 2 reasons I can think of right now.....
1) Either he sustained a lot of losses playing contra or margin account, and needs the money for repayment immediately, or....
2) He might have got wind from his personal banker that both Supermax and/or TG shares is going up this afternoon, and therefore needs the money to put in orders to buy them.
Which one is it, we will know by this afternoon. Maybe I could be mistaken could be for other shares too.... but we shall see....
Bro..your stories are really interesting la Now I have seen him monitoring both TG and Supemax shares last week on his computer. So I am pretty sure he would have bought some during the fall. And he has a personal banker which helps him manage his money.
So why the urgency to borrow money? There are only 2 reasons I can think of right now.....
1) Either he sustained a lot of losses playing contra or margin account, and needs the money for repayment immediately, or....
2) He might have got wind from his personal banker that both Supermax and/or TG shares is going up this afternoon, and therefore needs the money to put in orders to buy them.
Which one is it, we will know by this afternoon. Maybe I could be mistaken could be for other shares too.... but we shall see....
But I mean come on..
Sep 15 2020, 01:40 PM

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