Replies to post #82349 on Laidlaw Energy Group, Inc.(fka LLEG)

[Gmenfan]

I beg to differ about a sell order. I have Scottrade and I've tried to put sell orders in as you described. Can't do it, at least not on line.

[Jaycamp]

No you can't with Scottrade, they will only allow a sell order to be placed within a certain percentage of the ask.

Just don't use a stop loss and keep your sell as high as they allow.

[Gmenfan]

This info will explain the difference between money and margin accounts. I don't want my shares of Laidlaw or any of my other holdings to be lent out, hence cash (money) account.

http://www.investopedia.com/articles/stocks/08/borrowed-securities.asp#12923475851322&close

Back to Cash?
If the above doesn't sound too appetizing to you and you're adamant about retaining your vote and want to avoid a potential dividend tax hassle, the easiest solution is to transfer your shares from a margin account to a cash account. Shares held in a cash account can't be lent out, which removes the voting and dividend issues.