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bax

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Alias Born 06/27/2005

bax

Re: wyattroa post# 216723

Friday, 01/29/2010 10:38:04 AM

Friday, January 29, 2010 10:38:04 AM

Post# of 250260
Google "free ride". You can buy shares in a new company but have to let funds settle from the prior trade before you can sell the new ones you bought.

Sold company A
Settles in 3 days.

Bought company B immediately after selling company A. Cannot sell company B until company A settles. If you do, it is a free ride and you can get in the dog house.

Bax
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y