RE:RE:TD isn't allowing trades open BBI bought more shares today quite a bit and it was all on margin because I have not sold any of my other Holdings in my Canadian account
THRK wrote: BB, I also spoke with them this AM and was told that rules changed on buying on margin so that youu need to have cash in your margin acount to cover 100%. But was also told at one point that they had stopped allowing short sales and later in the conversation that they did allow short sales. Summary - they are confused about this on the trade desk at TD because very strict instructions are coming from the "back room" and not much information to pass on to investors. I didn't ask specifically or at least didn't record an answer, about whether stock could be purchased outright but I presume it can. Poor girl I spoke with sounded a bit whipped. I can imagine it has been a trying morning. Fundamentals suggest to me that this company remains undervalued for the long term but JMO. GLTA.