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Re: Timberliner post# 49928

Monday, 12/13/2010 3:42:25 PM

Monday, December 13, 2010 3:42:25 PM

Post# of 66758
You have a couple of options: A) you sell and take a free ride and you cannot purchase with unsettled funds for 90 days; B) You deposit enough funds to cover your purchase on Friday; or C) you sell enough of a security to cover the purchase on Friday. Both B and C result in a Good Faith Violation, where you get a violation, but no action will be taken unless you rack up two more.

Someone correct me if I am wrong, because I have never actually Sold unsettled funds.