Stop Sleep Go Inc. (SSGOF)

[WendyW]

This is exactly what happened to me. I bought the shares under IMMA and sold the next day after it changed to SSGOF not knowing the shares were not available yet. Now Etrade has me in a short position for the shares I sold under SSGOF and I have to maintain a cash balance of double my original holdings to prevent a margin call. Any day the stock price goes up, I have to transfer more funds to my account or sell a position to clear the margin call. The day after I sold the stock price went up over 400% and I had to cover over $4000. Luckily (for me) the price went down so I only had to cover $1400.
If the price goes back down to what I sold my shares for then I can cover, but it will still put me back into a long position until they receive the shares from the company. I hope they get them tomorrow or Monday. This is getting expensive and is a huge lesson learned. I like to trade with merger news but I will be verifying if a symbol change is pending before I buy in next time. It is not worth the trouble I've been through and will be terrible if the shares are never received.