Minerco Inc (MINE)

[H.E. Pennypacker]

Don't get me wrong you can set the sell limit, but it doesn't do anything in cash accounts... here is why.

When you trade on margin you essentially buy the shares on "credit" having said that... if you don;t place a limit MMs can "borrow" the shares... setting a limit sell will prevent them from doing so.

Having a cash account is great because you don't have to worry about this. Margin is OK is you have a good risk tolerance and want to play hard... I think for most accounts you need 5K+ to have a margin account.

Anyone if I am wrong - please correct me.