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gail

04/26/09 11:42 AM

#11332 RE: TTT #11331

correction, if you owned that .000 stock for 3 days, and you sell it on the 3rd day, you can use the money right away for another .000 stock.

just fyi.. ;-)

but if you bought today and flipped it tomorrow, you have to wait 2 more days for it to clear.

netjoy

04/26/09 4:41 PM

#11336 RE: TTT #11331

Schwab has the same restrictions.