Flip to Exceed Mode!
You understand correctly. TRADER would work. And you'd get the penny for the common 'E' to buy a new letter.
Thanks for the clarification Dave. So, does this "virtual" letter count towards the amount of letters required to get a common card? If I play a word with six letters and use the letter from the common cards to make a 7 letters word, would I get the common top card as a bonus for playing a 7 letters word?