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Non-Tech : Brown & Company New "5 and 10 Store"? -- Ignore unavailable to you. Want to Upgrade?


To: Snowy who wrote (26)4/3/1998 8:37:00 PM
From: Joe Pirate  Read Replies (1) | Respond to of 1865
 
All: Help..

From the sentiment that I gather here, B&C seems to be
a pretty good firm to sign up with. Almost ready to make the plunge.. Are all the phone numbers toll free just in case 1 location is busy, you can dial another ?

Ok, now for my D.A.Q (Dumm Ass-k Question).
Lets say you have $20k and a margin account. You purchase a $40
dollar stock on margin (1000 shares), then sell it later on. Does Brown & Co. let you buy another stock BEFORE the 3 day settlement of the above transaction ?

I hear that some brokers put you on probation and other don't. What is the scoop, or am I just not seeing the light..

Thanks,

Joe