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slick99

06/03/11 3:09 PM

#32823 RE: uptickspoter #32818

Yes they do.

jk6672

06/03/11 4:19 PM

#32938 RE: uptickspoter #32818

Neither does E*TRADE.

Note:
Trading on margin involves risk. Penny stock, bulletin board, and pink sheets cannot be traded on margin.



He might be referring to:

Purchasing power for non-marginable securities and options represents something different. This is the dollar value of non-marginable securities (such as penny stocks or options) you could purchase using cash plus the loan value of marginable securities in your account. Again, any part of this amount in excess of your account's cash and sweep option balance will be on margin, and incur margin interest charges. Cash or option purchasing power is also the maximum amount you can withdraw using margin, but withdrawals may also be subject to holds for clearing of recent deposits and settlement of trade proceeds.