ALL SLI Shareholders with TFSA Accounts

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Dirtydunes

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ALL SLI Shareholders with TFSA Accounts

posted on Jul 14, 2011 11:49AM

I contacted My Direct Investing broker...regarding the shares I have purchased through my TFSA account. This is what I learned, if the stock is on the venture exchange and under $3.00 it can not be short sold. If SLI goes over $3.00 it can be... there is nothing we can do to control the investing company from borrowing these shares out, aside from paying a fee and having the share certificate mailed out directly to me. I want to capitalize on the growth from this investment being Tax Free, are there risks that were not aware of? Are there different policies for different investing companies?