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Trading Stock question...

A

AznMaverick

Platinum Member
Is it possible if i already have settled shares of a certain company 'A' to sell shares of 'A' buy shares of 'B' then sell 'B' before the settled date (about two days after)?
 
Only with a margin acct I beleive.

A cash account will probably bounce the transaction.
 
Scottrade allows you to do that with a cash account and i'm not sure how they get away with it. I thought it was against SEC regs???
 
man, this really sucks, i wanna get in to buy some stocks that are reporting earnings on tuesday, but if they tank i can't get out in time.
 
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