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Microcap & Penny Stocks : The Henley Group, Inc. (HNLY) undervalued growth company

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To: ChrisJP who wrote (659)3/3/1998 8:45:00 PM
From: TraderGreg  Read Replies (2) of 2232
 
Schwab requires cash in account to purchase pennies, and it takes 3 days to settle The cash in account requirement I understand, but why does the "3 days to settle" matter. You place cash, in advance, you buy on Monday, you sell on Tuesday, you buy something new later on Tuesday. Please don't tell me Schwab won't let you do that. If so, they suck worse than I thought they did. Every broker let's you buy against a pending sell settlement.

TG
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