I placed my order through fidelity. Had to get it in before 5 am this morning per an email sent by Lending Club! I have no idea if my order is going through. I'm nervous
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Well I sold my shares already and I have nice profit in my account but the weird part is that I signed up for fidelity so late that I never had time to actually fund my account. So now I got shares without any money and then sold them for a profit. I'm guessing they're going to come looking for that initial payment very soon.
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I believe the rule is that you have 3 days to deposit funds otherwise fidelity will lay claim to the shares you had and sold. Since they can't reposses the shares someone else bought, they'll just take the money in your account which isn't yours yet. Hopefully you made the deposit on friday.
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Originally posted by platformlending View PostI believe the rule is that you have 3 days to deposit funds otherwise fidelity will lay claim to the shares you had and sold. Since they can't reposses the shares someone else bought, they'll just take the money in your account which isn't yours yet. Hopefully you made the deposit on friday.
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