[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 91 KB, 568x688, 1611852872752.jpg [View same] [iqdb] [saucenao] [google]
27528204 No.27528204 [Reply] [Original]

wait...if i buy a stock at $500 and it rockets to the bottom to $1...i have to pay $499? even if you don't have that much you now have a bill to pay?

>> No.27528333

>>27528204
No you paid when you bought it, you would just sell it for $1 and walk away with 499 less dollars. You don't have to pay for shit until you start getting into stock options

>> No.27528434

>>27528333
oh normies are getting burned by messing with options then?

>> No.27528486

>>27528204
if you buy a stock at $500, then $500 will be removed from your account and 1 share will be added to your account

when you sell that share for one dollar, the share will be removed from your account and 1 dollar will be deposited back in. theres nothing extra to pay

however, if you are playing with margin or options, this is different.

>> No.27528545

>>27528434
No they're just dumping their life savings into GME hoping to get rich quick

>> No.27528602

>>27528434
yes and also margin (buying shares with other peoples money)

they brought it on themselves

and also some people are retarded and think a stock cant go down lol

>> No.27528612

>>27528545
I've seen screen shots of negative money

>> No.27528907

OK thanks anons. have a good day.

>> No.27529115

>>27528612
yeah they put in like 20k of their own money, then another 20k of margin, and then got margin called too late and now they owe robinhood money lmfao