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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce -- Ignore unavailable to you. Want to Upgrade?


To: M. Frank Greiffenstein who wrote (2351)10/28/1998 8:21:00 PM
From: eric deaver  Read Replies (1) | Respond to of 2752
 
<<YOU ARE GETTING MORE LEVERAGE WITH tsqd AT THESE LEVELS.>>

Only because TSQD is undervalued. If everything was valued correctly and one bought TSQD at 3 when DRIV is 10 then DRIV moves to 20 TSQD should be 6 - 100% gain either way (i.e., through TSQD ownership or DRIV ownership). The only reason we are seeing 55% TSQD increase on a 25% DRIV day is because the market has realized the price of TSQD is discounted when compared to DRIV.

This may be what you are saying, Doc but I read your comment as if one always has a leverage by owning TSQD.

Great day - got me closer to black so no complaints here - got a long way to go to get to par though.

FWIW,

Eric