Sunday, October 21, 2012
Sprott Resource Corp
Uh Oh. I was closing out a few losers to make a tax advantage for the winners I have been closing positions on and I tried to close SCPZF and I could not. The website popped up a sign that said I could only set a limit order. I did that and then it said the charge to sell could be $150.00 or more. Since I only have about $1,500.00 I said no for the day. However, I think I am going to log back in tomorrow and call the online broker. If is a LOT better to get out with an extra $150.00 loss than to lose everything. Great reminder that when we invest, we invest with real money and accept real risk.