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Subject:  Re: maybe done Date:  5/16/2013  8:36 PM
Author:  Rayvt Number:  243123 of 270788

would you use interactive brokers low margin to buy WFC preferred L

No. No! NOOOOOO!!!

You wouldn't use leverage in this way on an issue that doesn't have a fairly stable(-ish) price. WFC-L doesn't qualify in this regard.
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