InvestorsHub Logo
Followers 24
Posts 3091
Boards Moderated 0
Alias Born 10/31/2005

Re: None

Sunday, 10/22/2006 12:27:03 PM

Sunday, October 22, 2006 12:27:03 PM

Post# of 14110
ATURD's response to my rather lively email concerning their restricted buying of SSSU.....

10/21/2006 7:06PM

"We do understand your concern regarding the restriction on SSSU; however, please
be aware that TD AMERITRADE does not have its own inventory to fill orders. All
our orders are routed to market makers for filling. Also, at TD AMERITRADE,
SSSU is a non-marginable security and is not eligible for short selling. Please
understand that TD AMERITRADE has a right to restrict a security for the benefit
of our Clients, ourselves and the market as a whole. If we determine that
manipulative trading is being carry out, we will restrict the security. We
appreciate your understanding and are not suggesting that you are violating
trading regulations. Thanks.

Sando K.
Apex Client Services, TD AMERITRADE
Division of TD AMERITRADE, Inc."

BS? ABSOLUTELY!

it's not by chance that as soon as the market is aware of a short position on a security....BAM!!! ATURD restricts it under the guise of client protection...that kinda protection ...i don't want or need!

by the way yesterday they emailed me saying i could buy by phone!

will try again tomorrow!

jmho

zooman

"If You Buy The Best...You'll Never Be Dissatisfied"

'Doc' Sumner...My Dad!!!

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.