We all keep talking about L2's, well think about this. If you have Scottrade, their scottrade elite application states that it gives L2's, but you need have a minimum account balance of $25,000 in order to qualify for it ($60/month if not)..well whether or not SNYY shares will be worth anything in a year or not, since they will be in our accounts, most of us will blow by the $25,000 once our SNYY divies show up. Just some food for thought
GTLA!
Posts: 58 | From: South Florida | Registered: Dec 2005
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Quick QUestion..I just sold some GZFX to get into this.. DO i have to wait 3 days for the funds to settle before I buy?
Posts: 25 | From: DFW Texas | Registered: Nov 2005
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buys coming through. Probably won't be any sells until that .0012 on the bid turns to .0013... Then the flippers will start selling. I think i tjust happened.
Posts: 1031 | Registered: Sep 2005
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quote:Originally posted by TexasTrader: Quick QUestion..I just sold some GZFX to get into this.. DO i have to wait 3 days for the funds to settle before I buy?
On my Etrade acct they're available immediately after the sale goes through. Just go to your portfolio and see how much available cash you have after the sale executes...
Posts: 1031 | Registered: Sep 2005
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quote:Originally posted by timber03: If I may add something here...
We all keep talking about L2's, well think about this. If you have Scottrade, their scottrade elite application states that it gives L2's, but you need have a minimum account balance of $25,000 in order to qualify for it ($60/month if not)..well whether or not SNYY shares will be worth anything in a year or not, since they will be in our accounts, most of us will blow by the $25,000 once our SNYY divies show up. Just some food for thought
GTLA!
Where does the $25,000 number come from?
Posts: 1031 | Registered: Sep 2005
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If you have, for example, 30,000 shares from the SNYY dividend, then your account value will be the market value of the shares... For many that will be over $25,000.
Posts: 160 | Registered: Nov 2005
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quote:Originally posted by kilerb: Where does the $25,000 number come from?
from scottrade's faq for elite service:
How much does ScottradeELITE cost? ScottradeELITE is free for those who qualify. How do I qualify for ScottradeELITE? To download ScottradeELITE, your account needs to have a minimum account value of $25,000.
Your account value consists of cash and all securities. Like all Scottrade accounts there is no inactivity fee charged.
Posts: 58 | From: South Florida | Registered: Dec 2005
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that's weird. E*trade makes you have $25,000 in your account to daytrade (As do all broker i'm sure) but their Power E*Trade and L2's are free if you make 10 trades a month i believe. Something like that.
Posts: 1031 | Registered: Sep 2005
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bmarley... Ok, im now confused. I have held GZFX stock for 6 months. I was told by Lowtrades that I have to wait for the funds to clear 3 days before I can use them to purchase another stock...(?)
Posts: 25 | From: DFW Texas | Registered: Nov 2005
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WHOOOO THE CHART IS SMOKING...this baby is kickin like a 3 legged ninja! beware the bashers trying to scare to sell
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so. Posts: 6949 | Registered: Apr 2004
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hmm- In all of my experiances if you have held a stock longer then 3days and you sell, you can buy that next second...
Posts: 484 | Registered: Jan 2005
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yes $25000 grand to be a day trader, with out that money you can only make 4 round trips every five days. it kind of sucks
Posts: 722 | From: Asheville, NC | Registered: Dec 2005
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Just thinking. If all of a sudden our accounts show an additional 25 grand are we going to be taxed on that?
Posts: 234 | Registered: Jan 2006
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quote:Originally posted by CashCowMoo: WHOOOO THE CHART IS SMOKING...this baby is kickin like a 3 legged ninja! beware the bashers trying to scare to sell
No bashers on this thread... YET...
Posts: 1031 | Registered: Sep 2005
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marley I belive you are correct you buy the stock it take three business days to settel. If you sell before it settels you have to just wait for the cash.
Posts: 722 | From: Asheville, NC | Registered: Dec 2005
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I called lowtrades and raised hell..they credited me the $. I am going to buy now.... or should I wait for it to drop?
Posts: 25 | From: DFW Texas | Registered: Nov 2005
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I sold plni this morning and turned around and bought bkmp right away, at Scootrade..
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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I love it when things happen like I think they should! Woke up this morning to a terrible dream but this makes up for it!!
Let this baby tun!!
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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I mean scottrade, i wish they were scootrade.
UOTE]Originally posted by DIGDOUGH: I sold plni this morning and turned around and bought bkmp right away, at Scootrade.. [/QUOTE]
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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Who is selling today, with the symbol change delaying account transactions etc,?
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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If you want to sell today, you have to make the request in the office or via the phone. I've got a sell order in for $1.00.
Posts: 209 | Registered: Sep 2005
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I hate Lowtrades!!!! omg.......ive been trying to buy at market and it still HASNT GONE THROUGH.....WENT FROM .0013-.0015 NOTHING!!!!
Posts: 25 | From: DFW Texas | Registered: Nov 2005
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Because of that .0006 that was on the board we have a 133% gainer so far today!
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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I want to sell for $1.00 today also, but I don't know if that will be possible.
quote:Originally posted by CD's Money: If you want to sell today, you have to make the request in the office or via the phone. I've got a sell order in for $1.00.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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Sorry, I posted a new topic because I did't see this thread before. Here is the message I posted. I don't own BKMP and have no intention of buying because of this. I just want to say be careful...
-------------------------------------------------------------------------------- Still trying to figure out what happen with GRYF, I found out on another message board this link to the pinksheet :
I looked into it. It says O'Bell is the CEO of Berkshire collection (BKCL). This is the same CEO as GRYF. Same phone number. But, when you look into SEC filing for BKCL, it says Sandy Winick is CEO.
Sandy Winick is CEO of FCDH, which just became BKMP. Could there be a link? Maybe, maybe not. But I just wanted to share the info so you can all be careful with BKMP...
-------------------- Good judgment comes from experience, and often experience comes from bad judgment. Posts: 242 | From: Canada | Registered: Jul 2005
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