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Technology Stocks : CORR - Corridor Communications Corporation -- Ignore unavailable to you. Want to Upgrade?


To: jmhollen who wrote (75)6/23/2004 12:17:53 PM
From: MJ  Read Replies (3) | Respond to of 179
 
Following the Corr-----just learned a lesson from Ameritrade. Even though I transferred cash via eft to account I cannot buy for 5 days a non-marginable bulletin board stock(even though I am not on margin).

However, with eft I can buy stocks on the NYSE that are marginable even though I am not on margin.

In other words, what I understand is that everything is margin with the brokage firm even though I am not on margin personally.

Now if I had wired funds to account that would be different as the wire is considered immediate availability.

Just a note.

mj