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Post# of 45194
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moneycane

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moneycane

Re: jetjoc post# 4106

Monday, 11/06/2006 11:23:30 AM

Monday, November 06, 2006 11:23:30 AM

Post# of 45194
You have to wait 3 days when you first open an account or add cash to buy a non-marginable stock. After 3 days, it will say under the funds for trading, non-marginable funds. That is the amount of cash you have to be able to buy something like this. Same thing will happen when you sell. You'll have to wait 3 days for the trade to settle before you can buy another non-marginable stock. Right now you can buy pretty much anything listed on the NYSE, NASDAQ and AMEX, but not a OCTBB or a pinksheet.

Submit your nominations for the 2007 class at http://www.investorshub.com/boards/board.asp?board_id=9580

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