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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

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To: Robert B. who wrote (14248)1/7/1999 6:52:00 PM
From: JCinTC  Read Replies (1) of 44908
 
Robert,
If your broker's margin requirement was 50% & you had 200,000 in fully paid up securities. You could buy 200,000 worth of securities.

Formula is:

$200,000(what you want to buy) x 50% ÷ 50% = $200,000(in fully paid up securities)

Market value....$400,000
Debit balance...$200,000 (loan w/securities as collateral)
Equity..........$200,000 (Fully- paid securities on deposit)

If your margin requirement is different, formula still works just like this:

(Amount you want to buy) x (your brokers initial requirement) ÷ (balance of 100%) = (amount of fully paid securities required)

Before your plans get to big better study a little thing called margin call<LOL>

Good-luck!!
JC

disclaimer; check with your own broker to verify.
PS: congradulations on your increased position in life & TSIG
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