So Disney had tight margins on this project.

所以迪士尼在这个项目上利润微薄。

But as the market peaked in early June, the government tightened rules on margin trading. Investors then began to sell their holdings to protect their profits.

但随着6月初股市达到顶峰，政府也收紧了保证金交易的规定，投资者开始抛售股票以保护收益。

The general public were buying on margin, which means – in a very simplified sense – they were making down payments on stock with money borrowed from the bank.

一般公众都是用保证金购买股票，从非常简单的意义上来讲，这意味着他们用从银行借来的钱预付股票。

Nevertheless, to succeed in the long run, eqrx will need to make up with volume what it forgoes on margins, observes Daniel Chancellor of Informa Pharma Intelligence, a research firm.

要从长远来看取得成功，eqrx 需要用销量来弥补它放弃的利润率。

Anecdotes were told about him—how one of the vice-presidents had advised him to sell, by golly, but he had hung on, even bought on margin, " and now look where he is" !

关于他的轶事广为流传——一位副总裁如何建议他卖出，天哪，但他坚持了下来，甚至以保证金买入，“现在看看他在哪里”！

He ended by saying that he had bought on margin a number of sound securities for dear Louisa Bradley and was glad to be able to tell Elliott that she now had a profit of twenty thousand dollars.

他最后说，他已经用保证金为亲爱的路易莎·布拉德利购买了一些稳健的证券， 并且很高兴能够告诉埃利奥特她现在有两万美元的利润。