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Tuesday, August 05, 2003 10:05:50 PM
You didn't have money in your account to cover a purchase of DNAP so they would margin your margineable securities?
You were waiting for funds to clear and they wouldn't let you purchase DNAP because it itself is non-marginable?
You can't buy DNAP until 5 days after you enter the order because it will be marginable then?
I'm confused, but suggest you consider Ameritrade or Raymond James for on-line trading at $9.95 or so for a 10k share purchase. Electronic Fund Transfer makes it easier, but the banks like to play with your money while it's in transit. And we pay them to do this too! So much bookkeeping with those electronic transfers. Makes you think there is an old man somewhere with an beam and balance scale doling out pinches of salt into the appropriate sack for transport by mule to the storage silo.!
Stakddek
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