No Westsurf I am trying to type too quickly...LOL. What I mean is - and I hope this makes it clearer hehehe - that settlement is T + 3. But if you are day trading and you can't afford the shares then you have T + 1 to sell or they draw the money.
Even if you have sold the shares since they still draw the funds for your original purchase. I was just saying that Day Traders get caught out all the time. I really hope that makes sense...LOL
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held