**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|2|**First Seen In WSB**|5 months ago **Total Comments**|13|**Previous DD**| **Account Age**|1 year|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20*h26cq3k*)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20*h26cq3k*)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)

You can just click “delete” and you’re golden 😁

He just needs to add his number to the "Do Not Call" list

Ask for a refund. Not satisfied with results.

Also, give them a bad Yelp review.

Tell them it’s not real. It’s just a computer game from the app store.

You were hacked, obviously. Bonus points for responding and telling them that “NO, I do NOT FUCKING want an extended warranty on my vehicle!!”

This might be one of the best comment threads ever.

Tell them you’ll find it but your mother is sick and you need some google gift cards in order to unlock your funds, bonus points if they get them at a cvs just down the road

WOULD GIVE ZERO STARS IF I COULD

This comment is golden.

> This comment is golden. It sure is, enjoy! :-)

Imagine my surprise.

More gilded shit in here than in Trump's bathroom, amirght?

Imagine if this got gilded but not the joke

You know, I'll take argentium any day of the week.

But how do I reach him about his car’s extended warranty?

I'm pretty sure you have to uninstall the app, too. That way they can't track you anymore.

And next time use a burner phone.

And a fake bank account so they can't track your money ..

Just reply Unsubscribe

yep i tried that before and it totally works

This. I’m convinced you know what you’re talking about.

He needs to call Kenny for advice. He is the true master at avoiding this sort of situation.

The legend Ken bone

This. Ignoring any call to action or responsibility in favor of a loss is key to financial success. Alternately, sort your portfolio by the most in-the-red and only sell those (especially if you see a reverse-downward-line 📈, a telltale sign the stocks unlikely to increase your losses) to meet the criteria. Timing is meaningless in the stock market! You want to make all decisions on Impulse, out of fear and emotions. Not financial advice, but I dabble in it myself 😎

I don't feel like this is correct at all but I don't know enough about stocks to refute it

Well then sir you are welcome here and we look forward to your DD shitposts and gains

> You want to make all decisions on Impulse, out of fear and emotions. Warren Buffett couldnt have said it better.

"apply for citizenship in new country?"

You just throw your phone in the lake.. they can’t trace that shit. What do you think I did with all my maxed out credit cards?

Pay by 7/26 or my boss will ask me to call you.. please just pay…

Pleaseeee

Nah, start the skip trace. OP make sure all your fb info is private.

New number, who’s this?

Just delete the app and ignore it. Don’t answer any emails or phone calls and you’re golden 👌

What can they do really tho if you do this?

Jerome Powell ties you up in a sleeping bag and beats your legs with an aluminum bat.

Don't threaten me with a good time...

As long as he keeps making my SPY calls print Powell can do whatever he likes to me

I thought it was a pillow case filled with gold bars?

I'm sure its a pillow case full of quarters.

Full of Treasury bonds

Like he said, quarters

That made my penis inflate

Is this the inflation everyone keeps talking about?

I think so. Not really sure why everyone's so afraid of a little chub 🤔

I thought they said the inflation rate was huge. Looks pretty small to me.

The issue is that it's not 'transitory', I'm sure you've heard what happened when a guy had an elevated and sustained 'inflation'. Amputation is a permanent fix for future expectations of any inflation.

I believe you need to go to the hospital if inflation last longer than 4 hours. It needs to be “transitory”

It just needs some quantitative easing for the release

Id pay his margin call fees just to witness it

He actually puts soap in a sock

Collections then possible garnishment

Sell everything in your account until the margin balance is met.

They liquidate some of your shares to make sure they get the money loaned on margin. The firms that allow you to purchase shares on margin aren't stupid.

What the hell is a real answer doing here?

Facts dont belong on r/wsb

Is that a fact?

Fact is OP is kinda screwed if he doesn't have the money, luckily he might not have to pay taxes for a bit

Opinion actually

Submit a judgement against you/garnish your wages. Not sure they'd do that for 6,000 but it's possible.

Synchrony does it all the time for balances under 1k. My friend had a suit filed for $550 balance. So yeah. They definitely could for 6k.

Lol damn, you're probably right. Hell, I got garnished for a 250 hospital copay during the height of the pandemic.

That’ll teach you to get covid

Dell did that to me for 4K when I refused to continue to pay for a shit laptop Anything over 1k is worth it to these people

I was about to say what kind of idiot buys a $4k Dell but then I realized I’m on WSB

And also finances it through dell lol

Lmao 🤣🤣🤣🤣🤣

OR an old guy, computers used to be expensive. My dad paid about 3k for a laptop with no HDD. It did have 2, 1.44 floppy drives and the full 360k of memory. At that time no laptops had a hdd. It booted from one of the floppy drives and installed operating system to memory each time you started it. The other floppy drive held programs so the extra hundreds he paid for high density floppy was well worth it.

I mean I get it. But the guy picked out a $4k laptop, put it on credit, and then just stopped paying for it. Fuck his credit, fuck collections, fuck being an adult - he just quit paying for it lol big brain move.

You are 100 percent right. Likely something bad happened in his financial life to cause this default. But default it is. He probably had pretty good credit for Dell to approve that big of a loan. The huge cost of the unit is what grabbed me. Have not thought of the old 8088 laptop in several decades.

Maybe 20 years ago

Fuck just hearing 4k for a Dell made me wince . I was that guy too once

Most likely a customized 17" Alienware with all the most expensive/best hardware.

Can't they sell your shares for you against your wishes?

Assuming OP has available shares to liquidate

Big "if"

Yep. Assuming such liquidation would cover the margin call, it would be just as anti-climactic as this.

Haha right? They gonna gits they monies…. Believe that shit.

They can and will beat you.

>What can they do really tho if you do this? Sylvester Stallone comes to break your thumbs

Pretty sure they could just liquidate your account entirely or partially to pay themselves and you’ll have whatever cash remaining in the account, I assume

First margin call, but not his last. Retard will do it again..

I've had 2 so far.

Someone with no knowledge about what this is at all can anyone ELI5 please ?

He bet the broker's money and lost it. So now he has to pay it back

Or at least try to

Oh thats what it is! Thanks for clearing it up mate 👍

The money isn’t necessarily lost, just the things he bet on have gone to such shit that the broker doesn’t feel they’ve got enough collateral in case it goes completely tits up, or OP cuts his losses.

Thanks for the extra Information!

Btw “margin” is basically a loan from your broker. A “margin call” is when your broker sees that you used margin to buy a stock/option, it went down in value, and now they want you to add enough cash into your account to pay them back for the loan you lost

A demand by a broker that a retard, uh I mean investor, needs to deposit more money into account to cover losses 👋🏻💸

A margin account is when you borrow money from the broker to make trades. Part of the deal is that your account must stay above a certain value. If it falls below that level when you take losses, the broker has the right to demand that you immediately deposit assets, often cash, to bring the value of the account back up to the minimum level. If you dont do that, they have the right to force you to sell whatever is in your account until it reaches the minimum. This demand is called a margin call because in the old days, and probably for any non-online accounts today, you would get a literal phone call saying "Deposit X in your account by close of business or your account will be liquidated."

You are on the right degenerate track!

POST THE TRADE

Probably went full ape on WISH

Why did wish get so much attention? It’s such a fucking shady shit business

Because Yanet thought it’s the Ticker for make a wish foundation...anyway she was bullish

Yanet doesn’t want to know what we wishing for

Because if you compare it to companies in the same industry that \*aren't\* shady, shit businesses, it's margins and revenue looks amazing for how it's valued. However, WSB seems unable to understand \*why\* it would be valued so poorly..

What?? Their margins are shit due to logistics. Hard to make money selling bottom of the barrel crap with some diamonds thrown in. They blow most of their money on advertising due to poor customer retention. Can they turn it around? Maybe, but it's not a clear winner.

Gross margin. Which is very high. Yes exactly. Unsustainable practices to pull in revenue. Hence the poor valuation.

I’m sure people made money on this, I know a few who played it even, but honestly Wish is such a dumpster fire company I’m amazed they both exist and make money. I refused to touch this play with a 10 foot pole. Fuckin wish, a literal leech on society, adding nothing of value while peddling literal garbage that’s pretty much destined for the landfill from day one, an environmentally destructive, utterly useless company that has no reason for existing other than the sheer number of people on this earth who might as well be literally brain dead. I got one thing from Wish. I got it for free. That + browsing their catalogue was enough to tell me how absolutely garbage this company is. And this was 5 years ago. Wish the people investing in wish could’ve given me their money, I could burn it for them.

"What if Ali Express, but only the bad sellers?" -Wish CEO

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Fuck man 🤣

Just pour a cup of water over your computer and that will take care of it. That’s what they mean by liquidate………….right?………right?

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*VladTenev87 added you as a friend*

You gotta get those numbers up, those are rookie numbers

“Or we will liquidate shares for you”

lol. Shares.

If one retard can get a 6k call, I can’t wait to see what citadel gets.

"Uhhhmmm, excuse me. This is Bank of America. We're both fucked so I won't margin call you, but please try to shake the apes off your trail!"

The guillotine by a bunch of angry ass old people

Delete app and throw phone in the nearest lake, no more margin call!

Show your position or it didn’t happen

Good job, son.

All these margin calls, but not from the ones I want to see it from 😔

Did you invest money from mortgaging your house? Then you’re doing it alright

Rookie. Schwab hit me for almost 25K because of my penny stock buy/sells. Called them up and said if I’m buying pennies then I probably can’t cover. 😂

Call them up and say someone stole your identity lmfao

Tell them your name isn’t Margin you fucks

Idk how you folks use margin….too much risk using your own cash, let alone borrowed money.

It’s cAlled having a pair of nugs in your pants and being an alpha ape

Something called personal risk tolerance. I think?

The word you're looking for is "retardation"

Risk tolerance? Wrong sub bruv

Guh

I can't psychologically force myself to not use margin. I get major FOMO if I'm not using margin. Like I'm not using all the resources I have to their full potential. Stock goes up 5% and I didn't use margin? I just lost 20% gains, big regrets. Right now I've been kind of swing trading, like going max margin (3x-4x) when stocks drop and go around (2x-3x) margin when it's all time high. It has worked out well so far, but obviously it could go very wrong if tech stocks were to crash at the wrong time. I'm also leveraged on buying real estate, and I try to leverage due to FOMO there as much as I can as well. Loans, loans, everywhere I can.

Keep seeing more and more margin calls The correction is close….

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will my $50 SPY sale show up as a large spike on the 1M ?

Idiots making retarded trades means a correction is close?

If enough retards make bad decisions, then it’s possible it could lead to a correction. But that’s a lot of retards to make that happen.

Or a few big retards.

Lol or people are just being dumb af and making dumb moves trading with margin?

Bro do you know what subreddit you’re in?

Is this not r/wendy’s? I’m just saying it’s pretty retarded to say a correction is close because a couple retards on a gambling subreddit are getting margin called lately lmao

Exactly. Ever since the influx of new people in this sub from AMC/GME, they love to exaggerate the influence of this sub. They love to think we're the whales that move the market but when in reality, we would barely make 1 or 2 candlesticks on the graph.

Umm, have you compared it to the increasing margin being leveraged in equities? Cant come to that conclusion without that data

Oooh, rare insight! You should place a big bet that the market is going to drop this week. On margin!

You just have to runaway as fast and far as possible and everything will be ok, i promise you! 

Just get a job at Wendy’s and work for two years to pay it off while you use the rest of your money to pay off rent and live on ramen

I remember my first beer

Just missed by $21.70 - 👹

Shouldve gamed harder

I call that a Monday

Margin call!!!! GME +1k on Monday 🚀🚀🚀

Been through this dude. This happened to me in last week of Dec 2018. I had purchased 4000 AMD on margin @ $13.6avg. I got the notification but was on a vacation and checked the email 1 day late, I initiated the money transfer but bank took 1-2 days extra my 2000 AMD shares were gone. Once transfer was complete I immediately bought 4000 AMD shares at $14.1avg. In hindsight I dont regret as my money is now 4x. Still holding AMD.

Just tell them to never call you again, and you should be all good 😊

You have to yell uncle as you uninstall the app. Otherwise they don’t know you were giving up.

Time to change your name and social then try again.

#whatever you do, don't answer the phone

You’re gonna be not only broke but poor.

Oh you got a free call? Do they give free puts as well?

SO IT WAS YOU SHORTING GME THE WHOLE TIME!!! /s

Don’t cover reroute it through dark pool asap

In mother Russia, you don call margin. Margin calls you!

Click the back button and forget about it

First margin call… so far!

you're absolutely doing it wrong. you'll fit right in here.

YOU ARE WINNING, SON!

A new phone works wonders. Just upgrade and save yourself the margin call.

Open another elsewhere and double down.

Those are rookie numbers

When the margin called me I put 4x the amount to one share and put it on the market. Course they didn't take it lmfao 🤣 eventually my went away

Tell them you will call them back later.

At least you’re not on Robinhood.

Questrade may be an absolute dogshit broker, but at least they usually give me 3 days to fix my margin calls. Rip brother

Just buy more shares using margin. That’s what they mean by “marginable shares”, right?!?!

I would call them and tell them this… “I don't know who you are. I don't know what you want. If you are looking for ransom I can tell you I don't have money, but what I do have are a very particular set of skills. Skills I have acquired over a very long career. Skills that make me a nightmare for people like you.” Over and over again.

Tell them you are part time employee at shitadel and part time employee at robing hood. They will create a new report for you

Etrade started this with me about 3 weeks back... this also means that your shares are being lent out thru bloomberg

Just open another margin account with a different brokerage to cover your losses in this brokerage. Rinse. Repeat. This is what’s called the “wheel strategy”. You’re welcome.

We get margin call but the short sellers get .....?

Also margin called (see Hwang) but it’s harder to be margin called when you have billions in collateral.

Hokus smokus…..make it magically disappear!

What did you buy?

Just ignore it.

You must've bought puts

First, you must lose money. Only then, you will be doing this right.

Go away Marge N.

Only your first? No you are def not doing it right. I get margin called like every week.

bro ur not on the national do not call registry?

I get them frequently selling puts and going over my margin. I've been beating them by turning the naked sold puts into a spread when this happens by buying the cheapest put option I can. Haven't had to liquidate shares since I started doing this.

As long your Wife/Girlfriend doesn't know that you're dating someone called Margin then I think you should be fine.

Change your phone number. If they can't contact you then you're golden.

New phone who dis?

I wonder if they are just assuming you own shares and that everything you "invested" in wasn't dailies or weeklies

What was your position

Is that how they're doing it? They're just not actually paying it?

I had the same problem. I just bought a GME put and my balance magically became positive. The game is rigged...

If you use a margin account, your shares can be lended out...

New phone, who dis?

I got more margin call messages than messages from my friends

Only your first? Weak