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Jonathan Pollard Donating Member (59 posts) Send PM | Profile | Ignore Sat Oct-06-07 03:24 PM
Original message
Venture capital needed
Edited on Sat Oct-06-07 03:25 PM by Jonathan Pollard
I am a private investor with an account at a futures trading exchange (www.intrade.com) and have entered into positions on margin. However, the exchange has drastically raised margin requirements this month requiring the posting of extra margin in the approximate amount of $700,000. I would like to keep my positions in the account for another month or two and therefore I needs to deposit additional margin in order to prevent the liquidation of my positions in order to make the margin call. There is no basis in terms of market volatility or any other reason that I can think of for the drastic increase in margin requirements, and it is reasonable to expect that market volatility will actually be less in October than it was in September.

The margin lent to me would be fully secured (via confession of judgment executed by myself) by the equity of over $240,000 in my margin account.

Send me a PM if there's any interest.

And if you're wondering why there isn't a star next to my name, I tried to donate but my credit card was not accepted.
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Faygo Kid Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-06-07 03:29 PM
Response to Original message
1. I'm sorry, all my money is tied up in Nigeria right now.
"Jonathan Pollard?????"
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Vanje Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-06-07 03:40 PM
Response to Reply #1
2. heheheheh nt
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Jonathan Pollard Donating Member (59 posts) Send PM | Profile | Ignore Sat Oct-06-07 03:43 PM
Response to Reply #1
4. Why I'm Jonathan Pollard
I'm not the real Jonathan Pollard, I chose that name as a reminder that our country can be harmed by both foreign and domestic enemies.
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A HERETIC I AM Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-06-07 03:42 PM
Response to Original message
3. Ahhh...you're looking for investors. This is abuse.
Investors are right down the hall.


There you will find thousands and thousands of willing individuals who regularly give money to complete strangers because of a ridiculous request on a message board.

Here are some of them now;
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Jonathan Pollard Donating Member (59 posts) Send PM | Profile | Ignore Sat Oct-06-07 03:47 PM
Response to Reply #3
5. People want to give money to complete strangers
I noticed an ad today in USA Today that advertised venture capital available. Apparently they want to give money to complete strangers too. And I asked my attorney if he knew anyone like that, he said he did and would contact them this weekend.
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A HERETIC I AM Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-06-07 04:11 PM
Response to Reply #5
7. Then why would you seek the same assistance from this message board?
I can only hope this is a bit tongue-in-cheek but if it is not, I would think that anyone with true "venture capital" is looking for an investment with the potential for solid returns, not to bail out an individual investor who finds himself up against a margin call. If you were that savvy of an investor and had an idea worth investing in, it is doubtful you would be having such a difficult time with a Regulation T call.

Sorry for your situation, but i think you will find DU a tad unsympathetic.
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Vanje Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-06-07 04:22 PM
Response to Reply #7
8. "An idea worth investing in"
Is he backing an inovative technology?
Is he forming a partnership to cure disease?
Has he found a new cool idea, something that will rock our world?

No.


Jonathan Pollard wants to spend someone elses' money gambling that Gore wont run.
http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=213&topic_id=4082


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Jonathan Pollard Donating Member (59 posts) Send PM | Profile | Ignore Sat Oct-06-07 08:58 PM
Response to Reply #7
11. Intrade is not subject to Reg. T
Being located in Ireland, Intrade is not subject to Regulation T and sets its own margin rates. It saw fit to lend me the $700,000 margin last month but the margin level went from 25% to 100% in October in what I believe a rather arbitrary and unwarranted manner.
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A HERETIC I AM Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-06-07 09:26 PM
Response to Reply #11
12. Fair enough. n/t
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kickysnana Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-06-07 04:05 PM
Response to Original message
6. Kenny! I knew you weren't dead. n/t
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Turbineguy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-06-07 04:33 PM
Response to Original message
9. May I suggest????
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Vanje Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-06-07 04:51 PM
Response to Original message
10. Trouble donating to DU
I can help you with that .
Just PM me your credit card number,expiration date, full name,etc, and I'll get you fixed up real nice. Oh Yeah.



(I dont do smilies, but if I did there would be a big one right here blinking, "SARCASM!"
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ima_sinnic Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-06-07 10:22 PM
Response to Original message
13. awww--I feel yr pain
NOT
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Jonathan Pollard Donating Member (59 posts) Send PM | Profile | Ignore Sun Oct-07-07 12:10 PM
Response to Original message
14. I have already received an offer
I have already received an offer from someone who would charge 5% per month (not from a DU member) but I'd like to wait for a better offer. Factoring companies usually charge 1 1/2 percent per month, but for something like this I realize I probably would need to pay a higher rate.
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A HERETIC I AM Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-07-07 02:26 PM
Response to Reply #14
15. SIXTY PERCENT ANNUALIZED INTEREST?!?
I think you should go for it. Beats having your positions liquidated. Unless, of course, the value of your positions are falling like a rock.

Sounds like you have this tiger by the tail.
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