Monday, February 27, 2006 10:00:25 PM
Yup usually that's the case. In margin account I've seen
these show up right after midnight with Izone (AMTD) and be
trading that day. BTXI comes to mind after R/S.
Some brokers get the shares in @10am. Sometimes there's no trading that day until 11am.
I've seen one day wonder pops in a few of those because of a
share imbalance.
Some penny stocks can run for 3 days post R/S as the late buyers get their shares.
In an all cash account it can take T+3 at some brokers to
get the shares in & tradeable if bought this Monday, and
so forth back to last Thurs/Friday.
Watch if the PST Calif crowd comes in with Vol.
g/l Pray for a ADVC IVOC USXP CNES MM for fun play!
Pennies not a zero sum game as much as some zero game.
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