03-23-2024, 05:57 PM
(03-23-2024, 05:46 PM)SunsetBengal Wrote: That is a specific condition to a specific situation, and very unlike someone issuing a self assessed blanket statement like "stocks aren't typically accepted as loan collateral", wouldn't you say?
Yes
Lot of factors involved. In a brokerage margin account I could see stocks being used as collateral all the time. Outside of that I would assume it would be pretty rare considering the volatility of the value. But idk.
In this instance. Finding a bank to accept shares of DJT at its current overinflated value.. for a cash loan. Sheesh. Whoever approves that loan better be retiring the next day.
One talking head said when compared to the number of active users on Twitter fair market value for DJT is under $1.00
