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OTC Whisperer

12/22/22 8:46 AM

#272569 RE: Gotham Bay Group #272556

But what about the VWAP?!

I-Man

12/22/22 9:18 AM

#272588 RE: Gotham Bay Group #272556

I owe some apology here regarding margins and TD systems and GTC orders.

OTC stocks on TD are called "non-marginable securities" meaning you must have cash to purchase as I did years ago. Can't buy those on margin. Those "owned" shares like any other, you can place a GTC order for future date no problem, TC cannot sell/loan those to others. But in your account values on right screen, those profit gains do not show as realized until you sell the "owned" shares. Confusing yes. A gain/profit is a gain/profit, right..?

Now, if you buy non-OTC stocks (on margin) which you can do with their margin account, then the values (stock buying power) will show in right screen only for those as they gain/profit.