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fred500

01/17/13 3:31 PM

#3855 RE: Joe Rocket #3853

Doesn't work that way on Fidelity. You can buy and sell OTC Pinks and the money is available right away for the next trade. Just can't withdraw money from sales for 3 days, obviously.

I bet they are going to work hard to take it down in the last few minutes. Yesterday they knocked it down from $1.38 to $1.35 in the last 2 or 3 minutes of the day....

I hope lots and lots of margin calls get generated overnight!
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UHF Lead Mech

01/17/13 4:32 PM

#3871 RE: Joe Rocket #3853

Joe - I also deal with Scottrade. If you want to trade within a couple hours, all you need to do is give them a money order, or a Bank/Credit Union check.

Some Banks and CU will only go up to $1000.00 limit for money order's. So I always use a check from my CU, and run it down to the Scottrade office. These are considered already paid for and go through the home office quick like.

Did exactly that today, took about 2 1/2 hours before it was in my accounts ready to trade after I dropped them off.


I picked up more shares today.......