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uptickspoter

06/03/11 3:15 PM

#32834 RE: AiKiXeN #32829

I also have an apex account and im not allowed to either...

TYTN is a non marginable stock...

GO TYTN
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slick99

06/03/11 3:21 PM

#32843 RE: AiKiXeN #32829

Margin accounts are subject of approval by the brokerage firm. If you have $1000 in your margin account you can only buy $1000 worth of penny stocks but if you sell the funds are available right away. If you buy $1000 worth of a marginable stock then I think you can margin up to $500 worth of any stock, pennies included.