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Non-Tech : Webstreet Online Broker (www.webstreet.com)

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To: kaz who wrote (107)12/7/1999 3:28:00 PM
From: Garry R.  Read Replies (1) of 114
 
Paul,

Was calling up last week to broker a order and then the guy
I talked to reamed me out cuz I bought and sold stock in my
cash account in the same day. Next day, log into webstreet and
in the bottom corner it says "Note : if you buy and sell the same
stock in the same day...must use margin account". So I call them
up, and the confirm what the message said. They said "Yea you
CANT daytrade AT ALL in your CASH account...SEC RULES!"...so
for 3 days now playing tag with them to either get my margin
account changed to let me trade penny's or for them to say
what I have been doing for 6 months is fine. I am really pissed,
just sent a email to customer service, since the margin department
is screwing me over. Sigh...what a drag.

Oh yea, thanks for letting vent :)))

Garry
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