correct. I have several accounts with Etrade. they left the cash accounts alone, but for my 1 margin account, they immediately sold multiple stock symbols in order to cover the negative balance. Very inefficient because of the commissions. As soon as I saw this, I deposited money into all accounts, but I couldn't 'undo' their stock sales.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.