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Big Brother

05/08/17 12:41 PM

#27 RE: Quintessence #26

I was thinking this should prob be getting a little more action post forward split, however, this chill that TDA has could definitely explain the lack of trades.

But yeah, I don't see any reason this would be non-DTC eligible, it could just be an internal TDA issue but they never really tell you why they chill stocks.

I you ask, you typically just get a response like this:

TD AMERITRADE has made the business decision to not allow opening transactions on this security. While we cannot go into the specific reasons for this restriction, we strongly believe it's in the best interests of our clients and our firm. You can still place closing or sale transactions. While all trading of securities involves risk, sometimes the level of risk associated with a specific security is escalated beyond what is considered reasonable to TD AMERITRADE.