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I requsted a list of restricted stocks from ameriturd and this is the responce they gave.
We apologize for any inconvenience caused by this; however, we do not have a list of all restricted securities we can send you. If you are concerned about certain symbols, please reply and we can check them on an individual basis. We appreciate your understanding.
Mindy R.
Apex Client Services, TD AMERITRADE
Division of TD AMERITRADE, Inc.
During Subpennies.com radio broadcast he called ameriturd and spoke to two reps. One of the reps said the notice for IPRE's suspicious treading came at 11:30 7/25/06 two minutes after the no rs hit the news wire. Imagine that! He also was able to get the direct email address of one service mamagers Kevin Will - k.will@tdameritrade.com I know I am going to send him an email telling him how I feel.
I agree we will have a lot more muscle if we attack this as an upset group rather then individual upset people. Anything I can do help let me know.
The other thing simion did was to get the email address of a manager in ameriturds service department. k.will@tdameritrade.com. I know I plan to send him an email. What a great radio show.
What is the website address to listen
Wouldn't a little higher pps be a nice way to start the weekend!!
I know I watched in horror but that was 1.5 weeks ago, I am just trying to figure out why all this is going on.
If this is restricted becuase it was short wouldn't the pps have been walked down by now? IMO it must be for some other reason.
Florida how can we ban together to be a focused front. I know I contiue to pound amerturd and SEC but that ain't getting anywhere. Just a thought.
I would like to offer an idea. We are all hammering at this on own and would it be better if had a more orginized effort. Whats the thoughts out there?
It has been my experence that the German markets are far more unreg. then the US and it would be taking matters from bad to worse! You have changed your tune undervalue.
Thanks Tanail good work.
Great idea not watch a pink for month, come on, I am thinking you must work for one of the brokers.
Tanail nice I like it - I will email him today
A pest I haven't started being a pest yet. All they did is give me ammo to go at them a different way.
I am upset because I had no intentions of being long on this stock. I saw the news of no rs and knew the pps would respond and it did. This was just about to break out and before I had a chance react I had a bag. I am not going to throw away thousands and all because of the brokers actions. So yes I am upset and yes I think what they did is criminal. It makes me mad when people screw me. The Pinks have enough risk without my own broker hosing me. Yes now that I am a long here it still makes mad that when the pps should have risen today it hasn’t. You can’t saw it is only going to be a month IMO if it was left up the brokers this will not end until the pps goes down a considerable amount. So to say do nothing IMO is the wrong thing to do, I want my money back and I want it now! If I had made a bad trade I would have excepted that and gone on but I made a good trade and got screwed by my broker.
Doing my best guess I struck a nerve. I never swore or wrote in a disrespectful fashion just really really peeved their screwing with my money.
Guess ameriturd is sick of hearing from me
Mr. Homestudy,
It has already been conveyed to you, by multiple associates of TD AMERITRADE, that trades on IPRE must be placed through a broker. This information has been given to you multiple times over the last several days.
As a reminder, this restriction will remain in place until our Compliance department determines that it is acceptable to allow trading of this security online. This action is taken when a stock has been reported to TD AMERITRADE as having suspicious trading activity associated with it. Our Compliance department will review the reported activity and may make the decision to add the symbol to the suspicious trading list. Once this happens trades for these securities can only be done through a broker. This is done for two reasons.
First, this allows us to monitor trades more closely. We are obviously looking for suspicious trading activity. This could include anything out of the ordinary. If unusual trading activity is detected, we will notify management who may take further action.
Secondly, this allows us to educate clients who are placing trades in these securities. We want to do right by our clients, and to us, this includes informing clients when this kind of activity is reported. We will still allow you to place trades, but we are in business for you, and we strive to protect you when we can.
As I stated earlier, this information has been conveyed to you on numerous occasions over the last several days, and your previous emails have been forwarded to our Compliance department. As you do not seem able to accept this answer, and you are not willing to cease emailing the same questions repeatedly, I'm afraid we'll not be responding to any further emails regarding this subject.
If you have any questions, you are welcome to contact TD AMERITRADE by phone at 1-888-871-9007.
Andre P.
Manager, TD AMERITRADE
Division of TD AMERITRADE, Inc.
I am new here but joro has wore me down and is on iggy
Heres Mine
Dear Mr. Homestudy:
Thank you for contacting the SEC and sharing your concerns about this trading situation with us. We will carefully review the information you've provided. I also see from our records that you have filed a complaint with us. As is our normal practice, we will be contacting the firm on your behalf to seek an explanation. You should be receiving a letter from us outlining our complaint procedures.
Sincerely,
ROBERT T GREENE
U.S. Securities and Exchange Commission
100 F St, NE
Washington, DC 20549-0213
(202)551-6331
I have a feeling that will take care of itself. I bet the site will be gone tomorrow
I tried at 4pm cst and the number has been changed.
I wonder if there is a way to get tims new number?
I received this from the SEC
Dear Mr. Homestudy:
We are taking your complaint very seriously, and have referred it to the appropriate people within the SEC.
Please understand that the SEC generally conducts its investigations on a confidential basis and neither confirms nor denies the existence of an investigation unless we bring charges against someone involved. We do this to protect the integrity and effectiveness of our investigative process and to preserve the privacy of the individuals and entities involved. As a result, we will not be able to provide you with any future updates on the status of your complaint or of any pending SEC investigation.
Below is a flyer that describes our policy as it will apply to your complaint. Please contact me if you have other questions.
Sincerely,
ROBERT T GREENE
U.S. Securities and Exchange Commission
(202)551-6331
This number works I made my first of many calls to this person. It is a direct number so they have no idea if you have an account with ameriturd or not. IMO If we can get them to move off the restriction the others will follow. This is the only I have found to get to the compliance department. I called earlier and they said I had to fax my complaint to 816-243-3764 which I will do as well. I can't believe they said they only recieved 2 complaints
Art his number is disconnected we need another and I will call at least 100 times myself
Art this number is disconnected we need another
See I was on to something with my first post last wed. night
I agree florida135 if we let up they win! I sent this email to Bob
Dear Bob,
I invested in a company with the symbol IPRE on 7/25/06 because they released a PR stating that they had cancelled the reverse split they had planned. The volume started to raise and the stock was just getting ready to run when in one trade it dropped 25% and in another 4 it dropped 78% of the pps. At the same time TD Ameritrade and other online brokers restricted online trading of this stock. There is no NASD member notice, no DTC notice and no SEC suspension or notice in effect on this stock, and I believe it simply to be an ill fated attempt to control and manipulate the market on the part of this company and other online brokerage firms, who have tremendous short positions in this stock. Please investigate this action. If every time a stock is going to rise the brokers and MM's get away with this type of behavior there will be no order in the market and investors such as my self won't invest. I will copy below one of the responses I received from TD Ameritrade. I find it strange that because of their actions a good many people using their service lost money that they would issue a response like this.
The restriction has not been lifted on IPRE and we do not know when this will occur. As has been explained in earlier emails, we have taken this action as a precaution with the reasons previously explained. We have a fiduciary responsibility to our clients and will not release the restriction until we fill it is the proper thing to do.
Eric W.
Supervisor, TD AMERITRADE
I just emailed Bob about IPRE and copied in one of my better responces from Ameriturd. Hope someone can get them (brokers) off their butts
I have faxed everyone on the list posted yesterday, I have filed muliple sec and nasd complaints and conitue to email Ameritrade on a regular basis
Ameriturd NO
Mr. Homestudy:
Imperia Entertainment (IPRE) is still limited to trading with a broker. We cannot disclose when we may remove this restriction.
Have a good day,
Donald S.
Apex Client Services, TD AMERITRADE
Division of TD AMERITRADE, Inc.
Ameritrade isn't being as nice
I sent him a nice responce, good thing their looking out?
Mr. Homestudy:
The restriction has not been lifted on IPRE and we do not know when this will occur. As has been explained in earlier emails, we have taken this action as a precaution with the reasons previously explained. We have a fiduciary responsibility to our clients and will not release the restriction until we fill it is the proper thing to do.
Eric W.
Supervisor, TD AMERITRADE
Division of TD AMERITRADE, Inc.
Art anyway of coming up with the fax numbers to these people
Art anyway of coming up with the fax numbers to these people
ART and Florida thanks for keeping us up to date.
I just got this back
Valued Client:
At this time, you will need to contact a broker via telephone if you wish to purchase IPRE. I apologize for any inconvenience.
Sincerely,
Rachael P.
Apex Client Services, TD AMERITRADE
Division of TD AMERITRADE, Inc.
I called etrade and the person said it wasn't on the list. I called ameritrade and they said it was still on but it could be changed prior to open monday. I can't see if etrade allows online buying that ameritrade could keep the crap up for much longer.
florida135 THANKS that was a great email
Until they give me an answer I can believe I will conitue I don't call names I just ask why. I want an answer. The more pressure put on them then better in my mind.
I have been sending them emails every 15 minutes asking why they are manipulating this stock.