Online stock trading companies – These cost me $126,000, but under the rights-subscription I only had to add another $6,000 cash.

The rest of the money was loaned to me by one of my brokers. This arrangement looked so favorable that I made up my mind to take further advantage of these unique credit conditions. I figured out that by selling my original lot of 1,500 thiokol shares I could buy twice as much back under the special subscription rules. I sold my stock at an average price of 53^2. This gave me a new buying power of $57,000. With this I bought a second block of 36,000 rights.

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