United Rail Inc. (URAL)

[ProFootball]

MEAN PEOPLE: SCOTTRADE refuses to let investors buy XTRN stock. Scottrade will only allow their account holders to sell their XTRN stock.

Here is the message letter they sent me this morning:

"Thank you for contacting us regarding the concerns over shares of XTRN (Las Vegas Railway Express) which are not currently available for purchase at Scottrade.
XTRN is not available for purchases due to the current illiquidity of the stock. The costs associated with clearing this security exceed the value of the security. Broker/dealers are required to pledge capital for security positions at NSCC (National Securities Clearing Corporation). The amount of capital required for a particular security varies depending on attributes associated with that security. For example, Scottrade may be required to pledge $1.00 per share to hold a security valued at $0.01. In certain cases, Scottrade chooses not to offer those securities.
Please note, while we choose to not offer purchases in XTRN at this time, this does not imply that Scottrade has a positive or negative opinion on the issuer.
Thank you for choosing Scottrade. Please let us know if we may be of further assistance."