Thank you vision2b: Your sharing of the dilemma you found yourself in is a cautionary tale for all of us. I use RJT and I'm sure they have the same rules to follow since the rule is by the SEC. I'm very pleased to find this out now, as DNAP is not the only stock I follow. My action balance is a little low and I would be very dissapointed if a trade was to be put off by a rule that protects me from other investors like myself who in a fit of irrational exhuberance would purchase a non margineable security without allowing a 5 day cooling off period. Heck, how far could a stock go in 5 days anyway. Gee, do Saturdays and Sundays count too? Anyway, sorry you found out about this the hard way. Thank you for sharing though. You may or may not have saved my bacon, cause I guarantee no one here or at the SEC can prevent me from making a fool of myself, but at leastg I have been forewarned about this wonderful new restriction.
Stakddek
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