MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: J.T. who wrote (1867)	12/9/1999 6:18:00 PM
From: LBstocks	Read Replies (1) of 19219

JT, my thoughts exactly. Even worse, imagine those who placed a market order in their IRAs for two hundred shares. Instead of paying $12,000 (at $60/share), they get a bill for $60,000. If they don't have $60,000 in their IRA, then what? You can't bring new money in to an IRA to pay for it. Incredibly, some broker/dealers still allow market orders on IPOs in an IRA (Schwab got sued over this recently--customers claimed that Schwab should have rejected the trades because they had insufficient funds in their IRAs.)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next