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Re: Porgie Tirebiter post# 18352

Wednesday, 06/20/2018 3:04:38 PM

Wednesday, June 20, 2018 3:04:38 PM

Post# of 54211
they've had that margin position for sometime- they have 100's maybe even thousands of pennies on 70 or 100% margin-if you include 50% margin its probably thousands of stocks- in fact just today they said they dont allow buying of any stock under 2 dollars without funds in the account for effectively 4 days they said they consider every stock below 2 dollars to be in that category(which includes any nasdaq stocks -which only require a min bid price of 1 dollar)

even though i've looked at the financials of thousands of pennies i read recently that "most" pennies dont have revenue(i knew many didnt - didnt know it was ''most'',unless we're talking net revenue or even a product-many dont even have the means to produce revenue

perhaps td's 50% margin requirement is bc of the negative retained earnings to date of 190 some million without any revenue- but G-vo, which just had a huge short squeeze the last few days, has a negative retained earnings of $403 million- a real champion in that category,and jumped from $4 to $24 plus due to the short squeeze

Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?

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