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Re: mlb4nd post# 1728

Monday, 10/19/2009 9:18:02 AM

Monday, October 19, 2009 9:18:02 AM

Post# of 6266
You can actually purchase the other stock with the unsettled funds, but you can't sell them back until the three days clear. As Don mentioned, if you switch it to a margin account you don't have to wait for settlement, but you do have to be careful of daytrading rules if you have an account under 25k.

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