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Oncothyreon Inc Message Board

mousepotatobyday 1 post  |  Last Activity: Feb 27, 2015 3:28 PM Member since: Aug 8, 2013
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    Re Schwab request to borrow shares

    by nwbo2015istheyear Feb 27, 2015 2:28 PM
    mousepotatobyday mousepotatobyday Feb 27, 2015 3:28 PM Flag

    With MerrillEdge, if your shares are in a margin account, they can be borrowed. If your shares are in a cash account, then they cannot be borrowed. YMMV I had 165000 shares in a margin account and had to keep a gtc order open which was a pain because of the share quantity. MerrillEdge wasn't too keen on my putting a gtc sell on so many shares. I ended up moving all my shares to a cash account.

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