Replies to Post #3417 onALL THINGS AWESOME (ATA)

Replies to post #3417 on ALL THINGS AWESOME (ATA)

Replies to #3417 on ALL THINGS AWESOME (ATA)

04/30/12 2:25 PM

#3419 RE: softballdaddy #3417

I don’t believe you can use margin for otcc stocks.

04/30/12 2:25 PM

#3420 RE: softballdaddy #3417

yup..But most brokers wont allow you to buy OTC/Pink sheets using Margin money.The only advantage is to avoid T+3 rule..IMO

04/30/12 2:26 PM

#3421 RE: softballdaddy #3417

Lol. Me too. Switched to margin last week. =)

04/30/12 3:34 PM

#3442 RE: softballdaddy #3417

with most brokers you cant use actual margin buying power on stocks under 2.50