“So they’re worth less than they were yesterday.” “Considerably less than they were before nine this morning, as panic drives people to sell, and once the stocks inch down, that rolls on with a kind of groupthink, and more sell. And those who play on the margins will find their shares sold out if they fall too far over the next couple of days.” She’d followed him, more or less, but now held up a hand. “I don’t know what that means.” “It means those who use loans for part of the buy, hoping to maximize profit while risking more loss. Simply, they buy ten dollars’ worth of stock, but borrow
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