is anyone having a problem with aal not being margin eligible...my lcc was and when it was converted to aal i lost my margin for the time being
Yes, Merrill called me back today & said they would cancel the trade & put my position back to where it was originally. Good luck
You must be trading at Merrill. They were telling their clients, AAL new stock was not marginable. They have since changed that & it is now marginable. They will need to re-instate to make it up to every client that relied on what Merrill told them.
securitvaults...thx and it is ml...hope your correct as they had told me this afternoon that they wont have an answer for me til tomorrow...
AAL is marginable at Scottrade account.