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I have had and used a margin account in the past. It is not for the faint of heart. Keep in mind that you must make more than the interest rate on the account. Remember to only play with what you can afford to lose. All it takes is a run like the last two weeks to get that margin call, and it can have nothing to do with your picks. If you do not have the ability to lose and your broker is encouraging you, run.
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