I'm with Scottrade
I tried to place a bid the other day and I got a message.
CR1: No buy orders allowed on this security. Please call your local branch to place your order.
(But today I do not get that message)
I did, but no answer, so the call was transferred to corporate. Before placing the call, I checked Scottrades website to see if it was on the list of no buys and/or a higher margin requirement. It was not.
I told the lady that it wasn't on the list and asked her why the sudden change.
She replied "suspicious trading activity"
This was the day after it popped 40% on 10/19
Now, I originally found this stock through Green Baron, emailing it saying it was their focus stock.
I'll get on my other computer and paste the email into this ihub thing if I can find it.
Could of been a pump and dump, so they could get out of their position because they realized it was a scam, who knows.
They have since reccomended NTLB (I never bought) and it has done nothing but go down.
They also emailed out the pick of CCMI on Oct 4th. Look at what that stock has ironically done.
I don't even know what CCMI does. Nor care.
But I'm really starting to see a trend with Green Barons stocks picks.
I talked to someone last night and I have wised up here lately and I think pink sheets are designed to take your money.
I started using a "money flow" and accumulation/distribution studies on my charts. This pretty much tells the tale of if a stock is getting dilluted or shorted.
PGPM - that dude claiming to be a ceo is certainly a scam artist. I've checked his dillution with the timeliness of his press releases.
Another scenario is, I wonder if Green Baron isn't the "founders" of these marvelous companies and names such as Joan Moaning, and phone numbers for such, isn't just a $10.00 employee at a desk inside Green Barons office with a script full of answers.
What I purpose is - Hold for awhile. He, they or whoever will probably do another press release here in a few weeks to pump the stock back up. We get out then and sell to newcomers to help minimize our losses. And never buy another pink sheet stock again.
Board Moderator - Please delete this post along with Scott's at the end of business day on Friday. But leave it up untill then so we can execute this plan. I think this will be in our best interest.
Other people. After friday, do not post anything negative on this message board and only positive things for new buyers to read and possibly relieve us of our shares.
Hence the term; Trading
and
2 wrongs don't make a right
and
learn from our mistakes.
