Wave Systems Corp. (fka WAVXQ)

[Vacationhouse]

But, selling is OK? Makes no sense to me. If a stock is placed on some sort of restriction, It should be put on restrictions so it is as difficult to sell as it is to buy or it causes automatic unfair trading.

I just tried to put in a bogus sell order at $10 and a bogus buy order at $2. The sell was accepted and the buy told me to call to make the trade.

I canceled the orders, but find this practice manipulative to say the least.

I have written my brokerage house and my banks about these practices recently and sent recent articles on the subject of Identity asking who is responsible. They wouldn't say, but ultimately we are responsible for our oun accounts and they pay for losses out of good business sense. At some point they must embrace a solution.