Wednesday, November 24, 2010 3:34:09 PM
I sold the next day after the new shares showed up in my account. Yesderday all the shares showed back up in my account (TTDZ and TTDZYZ). I assume this is because of keeping things looking proper for the accounting, so I wasn't too worried.
This morning, I have a margin position of -$14,000. So, my account is practically locked, since I'd need $14K to get my buying power into the green again. I've cancelled all my sell orders for my other stocks to keep them from causing more confusion, and I wouldn't be able to use the funds until the margin situation is cleared up. I did talk to Zecco, and the margin department is sorting out what is happening with my account.
Anyone else in Zecco land exeriencing the same situation or seen something similar?
IMO
Best to all.
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