Friday, January 20, 2012 1:49:59 PM
unfortunately my etrade account has been slapped with a 90 day restriction, so if i sell, i have to wait 4 business days for the funds to clear.
i set up a fidelity account, and need a minimum of 2500 for the initial deposit. waiting a month or so to get the funds from work to get that thing started.
i wish i'd known about how margin saves you from getting slapped with the 90-day. i'd have made so much cash on so many plays in the last few months. it makes me sick just to think about.
NSRS is one example. sheesh. to think of the stocks i could've flipped repeatedly. including this one! i'm definitely not selling a share until my price targets are hit (.10 and .25), which i think are incredibly real possibilities.
keep in mind that each day the 50 day MA is getting more and more within reach...and once we pass that, it will bode well for the technicals.
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