"All you need to know about Margin is very simple ................just don't do it."

I would agree, but I have watched my friend (the person who got me into PTSC), turn $20K into over $1Mil in a little over 4 years. Of course most his investments were in oil refining, exploration, and telco. (WMB, PGSVY.PK, MTRMP, VLO, DCEL, and some others). I didn't believe him, bet him dinner he was full of it, looked at his brokerage statements....and than bought him dinner. LOL Thing is, he has also pulled out over $70K in cash over the past couple of years, so he has pulled out more than he originally invested. Me...I am not that smart! He works 500 hours/year, I work 3000! Good luck to you, me, us, and a ll longs.