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Alias Born 11/25/2020

Re: None

Thursday, 11/26/2020 12:04:42 AM

Thursday, November 26, 2020 12:04:42 AM

Post# of 11001
I made the purchase and was royally screwed over. I don't have a margin account with Schwab, I did a market order for 1000 shares when it was .0002¢ and it was authorized at $1.99/share.

What should have cost me .20¢ ended up costing $1,989, I only had .25¢ cash in my account and $140 in assets.

My account is now -$1,989 and Schwab customer service said there was nothing they could do because sometimes sales go through even without a margin account, there's a fine print warning about it.

Any advice would be appreciated and possibly compensated.