Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: V$gas.Com who wrote (23124)	4/1/1999 9:30:00 PM
From: MoneyBaggs	Respond to of 44908

One thing we know for certain. The stock price will remain stable tomorrow! :) MB.com

To: V$gas.Com who wrote (23124)	4/2/1999 1:06:00 AM
From: The Swordsman	Respond to of 44908

Not quite sure about that. There is a list. A list published by the SEC, or NASDAQ or NYSE. Believe it's the SEC. It lists *Non-Marginable* equities. Some NASDAQ equities are on the list and some BB equities are NOT on the list. Did you know that Siemens is a BB OTC security? The important thing to understand is that NON-MARGINABLE securities cannot be shorted. CANNOT. 'Cept of course unless you already own the particular NON-MARGINABLE security. Then you can short til your hearts content, or at least to the limit of the number of shares you have is exhausted. Then you go into the CANNOT category. Now it gets a bit dicier when you you talk about a PP agreement. We leave the absolute world of SEC rules and regs and enter the murkier world of brokerage specific rules. Some brokerages will accept the paper, albiet under their rules, as a representation of COMMON shares, and other brokerages will not touch the PP paper with a ten foot pole. By this time some of you should be asking if Grady & Hatch is a brokerage and if they would accept a PP paper as a representation of common shares on-the-come for the purpose of shorting an SEC listed NON-MARGINABLE security. I am a shareholder. There seems to be a bent by certain of those here on the thread to discourage belief in any possibility of the PP investors shorting the stock. I believe it to be possible. Moreover I believe anyone who can look anyone else in the face and say that *these* PP investors wouldn't do that is disingenuine at best, and here's that word again, LIAR. A FRIGGIN LIAR at worst. Then there's one last possibility. Almost forgivable... congenital stupidity. However, I also believe that these PP investors have enough of a view of what's happening at TSIG.Com to mean it no unrecoverable harm. Whatever "sure thing" they could get back with the traditional Toxic Convert is easily overwhelmed with TSIG's potential. IMHO. Most of the BB investors never do much below the surface DD and are really gamblers. People like Ditch and Low Tide are safe bet people or opportunists, not investors. They take great pleasure in besting someone else and lining their pockets with money from their instincts. We all do a bit of that. Not really bad people but not really evaluating the company's potential for a serious investment. If they did and went to the company, spoke to some of the people, met a client or potential client or two, analyzed the competition and applied a bitof forward thought they would realize that dilution or not, the PP investors will become filthy rich and so will all the gamblers that go the distance with this piss ant up and coming GOLIATH. Sword.Com (screw the spelling) PS; I'm quite sure that if a subpoena were issued to view the trading records of Grady & Hatch, we'd know real quick if shares were being shorted based upon a yet unknown amount of common yield. Let's face it Grady & Hatch probably doesn't have the internal rules of Merrill Lynch. There's only about 10 people or so in the company. Love to know how the fees were divied up. Or maybe also subpoena the trading records of the PP investors?