Originally Posted by candyman:
I cant get in on it, no settled cash available. For some reason on Fidelity I can deposit money from my bank account and buy anything immediately except penny stocks...cash has to settle before I can buy them.
Many large brokers have a rule like that for anything under $5 / share.
They want to make sure you don't fund a speculative stock, have it tank to worthless in a day and then yank the money out. :-) [Reply]
