If any of your current shares you own have an accepted leverage percentage, (40% or 75% etc) they can be used to loan against in the margin loan account. You will need to apply for the margin loan and move the shares into the margin loan account. Depending on the equity you have in those shares, that will determine the amount you can loan and monthly interest payments on the amount loaned. The shares you choose to invest the margin loan funds in to do not have to have an accepted or approved leverage amount, you could use the money to buy a car if you wanted. Although the interest cannot be claimed as a tax deduction unless the car is for business purposes, but you get my point.
You can invest the funds in any company, leveraged or not. if you choose a leveraged company, that can be used again to loan against, increasing you margin loan, which will require another application to increase your margin loan amount.
If none of your shares you own can be used as equity then there is nothing you can do to buy SPT on a margin.
This is not financial advice and trading with margin loans can force you to sell your shares to cover losses. Do your own research.
SPT Price at posting:
$1.29 Sentiment: Buy Disclosure: Held
