Replies to post #1221 on OPEN DISCUSSION BOARD

[JLS]

Whazoo,

I'll try to jump in and buy it online and I'll get rejected because ... that has to do with failure to be liquid ...

You are trying to make a trade at TDA. Your rejection is by TDA. Call them on the phone and they will tell you why.

There is no such list. TDA is telling you that there is not enough cash in your margin account for the type of trade you are trying to enter. As margin, cash is more liquid than stocks, so as they determine your margin balance they count cash differently than they count other stocks that you own.