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plastipunk

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plastipunk

Re: IRISHBULL post# 1008

Sunday, 01/21/2007 9:24:01 AM

Sunday, January 21, 2007 9:24:01 AM

Post# of 6271
Yo Irishbull, A guy at TD Ameritrade told me that when you sell a stock you can buy another stock right away with the proceeds but then you must hold that new purchase for at least the 3 day "buy" settling period of the previous stock purchase?

He also said the 3 day settling period only applies to the buy end of the trade, not the sell end of the trade.

I'm confused a little here but maybe I missunderstood TD rep.


TIA



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