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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?


To: REW who wrote (14244)1/7/1999 5:30:00 PM
From: Robert B.  Read Replies (5) | Respond to of 44908
 
Well, I doubled my investment in TSIG today before the close. I'll double my investment again when I get married in May since my fiancee holds shares :) Together we are averaged at about 0.25.

Since I'm a fairly new stock trader, I have a question for you veterans. One of my E*trade accounts has 40K shares of TSIG and no other holdings. The account is a margin account, but I cannot buy on margin because all of my equity is in a OTCBB stock. If (or I should say when) TSIG hits $5/share, this account will have 5*40,000=$200,000 in TSIG holdings. If TSIG then becomes listed on NASDAQ, will I then be able to buy $200,000 worth of stock on margin if I wish?

If I can, I may buy more TSIG on margin if everything still looks promising. If others do this, we may see a large price increase after NASDAQ listing.

Okay, I guess we should worry about getting to $5 first, but I'd appreciate it if someone could answer my question. Thanks.