Not quite till settlement. I have $15,000 in my "pink" account which has one restriction that I find that hampers me - greatly.
Since my "pink" account does not have $25,000 in it I can buy a stock with unsettled funds, but I cannot sell it until those unsettled funds were used to purchase it have settled.
As I said in my last post I sold 1,350,000 shares of THRR at $.0018 this morning after having orginally bought these shares at $.0007. I took these unsettled funds and purchased MBTG. My settlement date on this mornings sale of THRR shares is thursday, April 1. So, I cannot sell MBTG until thursday morning when the funds that were used to purchase it settle. I really do not want to sell MBTG but I would have to transfer some from my ROTH IRA which is invested in some conservative, but growth stocks like citigroup (C)(yeah I know what you would probably say about my classifying citi as a conservative stock, American Express, Nucor, Catipilliar, etc. which is with another stock account firm. I very seriously doubt that i would be so stupid as to take funds from my roth.
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