depends on what kind of account you have.....but yes there is a 3 day settele rule...not knowing what type of account you have or what funds you have, I cant say whether or not you can sell.....but your broker can tell you......
I sold 80% of my shares I bought between .0008 - .001 at .0022/.0023 and sold another 500k today at .0062. I'll wait and see if the 500k I have remaining can make a run to .01 -.02ish
I figured either this stock would be halted before opening or people would by buying like nuts....scared ameritrade people as well as people that hold restricted and want cheaper free traders as a hedge...or speculators like me that saw the 95% drop, hate the company, but like the opp preseneted..I figured last night either company would be halted or stock would hit at least .005 rather quickly..because if not halted, I figured there would be alot of buying...glad it wasnt halted <lol>
<<damn I wish I had bought more...lol! However, I may not get to get rid of what I got in time b/c I sold a stock Friday so I had the funds to buy several mil of PAIV at .001. But I have to wait til Wed before the settlement date clears so I can sell it. Right?
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