Leroy - t+3r's are traders who buy today and have to sell their stock in trade + 3 days or PAY for the stock they ahve bought. Theya re forced to sell...
I was a T+3'er in CTP over night - bought in at 17 had no intention of keeping the stock and sold 60K today at 18 (to make up for my lousy T+3 on ABS - the stock I most hate inthe universe!!)
iPod
T+or-3
