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Microcap & Penny Stocks : The STNX Investor

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To: Thom Taylor who wrote (26)11/30/1996 12:09:00 AM
From: M. Scott Mayer   of 298
 
Cash or Margin account

Ask your broker which of the two your STNX is held in. Cash only means you are unable to margin any type of security. It is simply a "cash and carry" account. The $ you have on deposit is the amount of investment you can make.

The 10% figure came from my dealings with the FP network in regards to their stock purchase.

Thanks for the post,

M. Scott
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