Day Tradexchange Inc. (SYNJ)

[Schmedrickk]

That depends, what is your cash balance and your margin balance relative to the amount of stock you are flipping? Penny Stocks are "non-marginable" securities, so it takes 3 business days for your sell order to clear funds. If you had a cash or marginable balance over and above what you were flipping in a penny stock, then yes, you could continue to flip, but you wouldn't be using the funds you might have thought you were using, i.e. the proceeds from a penny stock flip that same day.