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Re: T_rider post# 22721

Saturday, 04/19/2014 4:03:46 PM

Saturday, April 19, 2014 4:03:46 PM

Post# of 33721
But u buy the pennies w cash not on margin. A stock is not marginable unless it is over $4 usually. When the broker calculates your margin buying power they don't include penny stocks in the calculation. I also have a margin acct and penny stocks in that acct. just can't buy pennies using margin as that is borrowed money.

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