ALPINES New Dilution Rules
Because of recent developments Alpine’s operations will need to know how many shares of which stock you plan to trade (starting Friday) before we can place the trade.
We can try to get approvals the day before, after the market closes. We will need to place an order for the shares we do get approved. Unfortunately, we are unable to reserve shares without placing a trade. I hope this makes sense. If we get pre-approval the prior day, you will need to call the following day, in the morning, to actually place the trade with a broker. The trade must be placed soon after the market opens.
We are only able to allow up to 20% of the 20-day average daily volume of the particular stock you’d like to sell over a 2 day span. However, this is firm wide. Therefore, if someone else is trading the same stock as you we may not be able to allow you to sell 20%. It depends on what has already been approved if anything at all. Please see below and attached: Trade Approval – please send this topretradeapproval@alpine-securities.com with all columns completed for each stock you are looking to trade. We will need this every time you plan on trading. If you plan on sending this request on the previous day please do not send until the market has closed.
Also, we will no longer be able to place GTC orders or any orders below $0.01. *** If we are able to get an ex-clearing market maker back we will be able to take GTC orders and take stocks under $0.01 again. But until that happens (if it happens) we are only able to do day orders and at $0.01 and higher. On a side note: Alpine Conversion Tracker – please include this tracker along with all your deposits moving forward. We are attempting to have all clients use the same template
CHARTS WORK IN ALL MARKETS - Anyone That States Otherwise
is Either Lying To Deceive You or Knows Nothing About Charting
Whatsoever! This is an Inarguable Fact ~ Struk ;-)
