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Re: dbcrim post# 31870

Tuesday, 05/01/2012 1:11:44 AM

Tuesday, May 01, 2012 1:11:44 AM

Post# of 160015
You can buy stock X, then sell stock X the same day (say Monday). You can then (on the same day) buy stock Z. You run into a problem when you try and sell Stock Z. The reason being is that you bought stock Z with the unsettled funds from the sale of stock X. You can sell stock Z about 3 days later (thursday).

-The same applies if you wanted to buy back into stock X, you just can't sell it again for three days or after the transaction from original sale settles.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y