Hello, If I am not Mistaken the Limit order PPS for Scottrade is 4 times the current PPS.. I thought that was what I was once told..I could be wrong.. I also am under the impression if the shares in your account are in the Streets name they can be lent out.. I am fairly certain shares in a margin account can be lent out. I am not certain about Cash Accounts.. I will call my Scottrade Office tomorrow and try to get there opinion. If only to refresh my memory.. I will post what I find out. FFB-Fish
bob b-WI Scottrade 4 X The Ask. ( :>) Later, The Team.
$$$$$$$$$$$$$
Posted by: bob b-WI In reply to: m0m0mey0 who wrote msg# 98750 Date:9/26/2006 10:45:56 PM Post #of 98765
I cannot recall what it is but Scottrade has a limit on how much higher then the current pps you can set your limit order. And I know it isn't near high enough for what I want for my shares